Will this bond be priced as a discount bond or a premium, Finance Basics

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Will this bond be priced as a discount bond or a premium

Suppose a bond has a coupon rate of 6% and a yield to maturity of 8%. Will this bond be priced as a discount bond or a premium bond? Explain ? Why may a bond's price change simply because of the passage of time?. What is the difference between a bond's current yield and its yield to maturity?

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Finance Basics: Will this bond be priced as a discount bond or a premium

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Finance Basics: Will this bond be priced as a discount bond or a premium

Reference No:- TGS01691422

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