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Which of the following statements is true about the Yield to Maturity (YTM) on a bond and the bond price?

A. the YTM is greater than the coupon rate when the bond is selling at a discount

B. the YTM is greater than the coupon rae when the bond is selling at a premium

C. the YTM is greater than the coupon rate when the bond is selling at par

Financial Management, Finance

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  • Reference No.:- M91419413

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