If its yield to maturity is less than its coupon rate a, Financial Management

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If its yield to maturity is less than its coupon rate a

If its yield to maturity is less than its coupon rate, a bond will sell at a _____, and increases in market interest rates will: 1) _______ A) premium; decrease this premium. B) premium; not affect this premium. C) discount; decrease this discount. D) premium; increase this premium. E) discount; increase this discount.

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