Which issue has an error in the reported price?

CFA Level I
#1

Hi,

What is the correct correct answer here? Like both b&c has coupons that are lower than the YTM with different prices. Bond D has same YTM and Cr but trading at par. Bond A is trading at a premium with a higher coupon rate than ytm. I’m not sure how to reason here or that I fully understand bonds now…

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#2

If coupon is less than (greater than) YTM, then the bond trades at a discount (premium). :bulb:

#3

Alright, then it should be c right? Because the coupon is less then ytm BUT the price is still at premium?

#4

:+1: :partying_face:

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