Question
16) A bond whose price is above par value is known as a (a)________ bond. This bond suggests market interest rates have (b)_________ decreased since
16) A bond whose price is above par value is known as a (a)________ bond. This bond suggests market interest rates have (b)_________ decreased since the bond was issued and that the coupon rate is now (c)________ than the bonds yield to maturity.
(A) Premium ~or~ Discount
(B) Decreased ~or~ Increased
(C) Higher ~or~ Lower
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Cryptocurrency And Public Policy
Authors: Donavon Johnson
1st Edition
1032311231, 978-1032311234
