There are several interesting points about the relationship among the coupon rate, market price, and yield to maturity. Which of the below is NOT one of these.
A) If the market price is equal to the par value, then the yield to maturity is equal to the coupon rate.
B) If the market price is less than the par value, then the yield to maturity is greater than the coupon rate.
C) If the market price is greater than the par value, then the yield to maturity is greater than the coupon rate.
D) If the market price is greater than the par value, then the yield to maturity is less than the coupon rate.
Correct Answer:
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