A bond will sell at a discount when __________.
A) the coupon rate is greater than the current yield and the current yield is greater than yield to maturity
B) the coupon rate is greater than yield to maturity
C) the coupon rate is less than the current yield and the current yield is greater than the yield to maturity
D) the coupon rate is less than the current yield and the current yield is less than yield to maturity
E) none of these are true.
Correct Answer:
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