If the yield to maturity on a bond is greater than the coupon rate,
the bond price will be greater than the
par value, and the bond will sell at a
discount.
the bond price will be greater than the
par value, and the bond will sell at a
premium.
the bond price will be less than the
par value, and the bond will sell at a
premium.
the bond price will be less than the
par value, and the bond will sell at a
discount.