When the ________ is less than the yield to maturity, the bond sells at a/the ________ the par value

A) coupon rate; premium over
B) coupon rate; discount to
C) time to maturity; discount to
D) time to maturity; same price as

Answer: B

Business

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"Bailment" is an ocean marine term applying to sinking ships

Indicate whether the statement is true or false

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Lower expected interest rates in the future ________ the demand for long-term bonds and shift the demand curve to the ________

A) increase; left. B) increase; right. C) decrease; left. D) decrease; right.

Business