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A bond quoted at a price of 94% of its par value yields 6%. has a market yield that exceeds the coupon rate. is a
A bond quoted at a price of 94% of its par value
| yields 6%. | ||
| has a market yield that exceeds the coupon rate. | ||
| is a premium bond. | ||
| yields 9.4%. |
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
