2. Bond prices and yields (S3.1) The following statements are true. Explain why. a. If a bonds...

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2. Bond prices and yields (S3.1) The following statements are true. Explain why.

a. If a bond’s coupon rate is higher than its yield to maturity, then the bond will sell for more than face value.

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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