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A bond is currently trading below par. Which of the following is most likely false about the bond? A. The bond could have been issued
A bond is currently trading below par. Which of the following is most likely false about the bond?
A. The bond could have been issued more than 13 years ago
B. The bond could be offering a $50 semi annual coupon payment
C. The bond's yield to maturity could be less than its coupon rate
D. The bond could be selling for $768 on a face value of $1000.
E. The bond's yield to maturity could be in line with rates of return for similar investments.
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