单选题 Given that the information on the three bonds below is at issuance, which of the following choices correctly identifies the bonds as premium, par, and discount.
Bond
Market Rate
Coupon Rate
1
8.00%
7.00%
2
7.25%
7.50%
3
6.75%
6.75%

Bond1 Bond2 Bond3 A. premium par discount
B. discount premium par
C. par premium discount
【正确答案】 B
【答案解析】
For the examination, remember the following relationships:
Type of Bond
Market Yield to Coupon
Price to Par
Premium
Market Yield<Coupon
Price>Par
Par
Market Yield=Coupon
Price=Par
Discount
Market Yield>Coupon
Price<Par