Which one of the following applies to a premium


Which one of the following applies to a premium bond?

A) Coupon rate = current yield = yield-to-maturity.

B) Yield to maturity > current yield > coupon rate.

C) Coupon rate > current yield > yield to maturity.

D) Coupon rate < yield to maturity < current yield.

E) Coupon rate > yield-to-maturity > current yield.

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Financial Management: Which one of the following applies to a premium
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