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You Can Be Sure That a Bond Will Sell at a Premium

Question 55

Multiple Choice

You can be sure that a bond will sell at a premium to par when _________.


A) its coupon rate is greater than its yield to maturity
B) its coupon rate is less than its yield to maturity
C) its coupon rate equal to its yield to maturity
D) its coupon rate is less than its conversion value

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