Other things being constant, a bond will sell at a discount when the coupon rate is less than the yield to maturity of the bond.
What is a bond?
A bond is a debt instrument, which is issued by organizations, wherein the holder of such bond is entitled to receive a fixed rate of return, which is predetermined at the time of issue.
Hence, option C holds true regarding a bond. The complete question has been added as an image for better reference.
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