Which of the following statements is true about the yield


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

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Financial Management: Which of the following statements is true about the yield
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