# All else constant a bond will sell at when the coupon

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All else constant, a bond will sell at _____ when the coupon rate is _____ the yield to maturity.A. a premium; less thanB. a premium; equal toC. a discount; less thanD. a discount; higher thanE. par; less than
C. a discount; less thanWhich one of the following relationships is stated correctly?
As a bond's time to maturity increases, the bond's sensitivity to interest rate risk:
A Treasury yield curve plots Treasury interest rates relative to which one of the following?
A U.S. Treasury bond that is quoted at 100:11 is selling:A. for 11 percent more than par value.B. at an 11 percent discount.C. for 100.11 percent of face value.D. at par and pays an 11 percent coupon.E. for 100 and 11/32nds percent of face value.E. for 100 and 11/32nds percent of face value.
You are trying to compare the present values of two separate streams of cash flows which haveequivalent risks. One stream is expressed in nominal values and the other stream is expressed in realvalues. You decide to discount the nominal cash flows using a nominal annual rate of 8 percent. Whatrate should you use to discount the real cash flows?
A 'fallen angel' is a bond that has moved from:
You are purchasing a 20-year, zero-coupon bond. The yield to maturity is 8.68 percent and the face

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