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1.Will a bond paying a 4% coupon that's yielding 4.25% trade at a premium or a discount to par? a)not enough information b)premium c)discount d)par

1.Will a bond paying a 4% coupon that's yielding 4.25% trade at a premium or a discount to par?

a)not enough information

b)premium

c)discount

d)par

2.Will a bond paying a 6% coupon that's yielding 5.7% trade at a premium or a discount to par?

a)premium

b)par

c)discount

d)not enough information

3.What is the yield of a semi annual pay 6% coupon, 5 year maturity, $1,000 face value bond trading at a price of $1,025?

a)4.91%

b)5.42%

c)4.67%

d)6.12%

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