If the yield to maturity for a bond is less than the bond's coupon rate, - 4741

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If the yield to maturity for a bond is less than the bond's coupon rate, then the market value of the bond is __________. 

A. less than the par value. 

B. greater than the par value. 

C. cannot tell 

D. equal to the par value. 

 
Solution Description

If the yield to maturity for a bond is less than the bond's coupon ra