Question
A bond that has $1,000 par value with several years until maturity and a 9% coupon rate with annual payments recently sold for $870. The
A bond that has $1,000 par value with several years until maturity and a 9% coupon rate with annual payments recently sold for $870. The yield to maturity
| A | is greater than 9% | |
| B | is less than 9% | |
| C | cannot be determined | |
| D | is 9% |
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Private Equity Mathematics
Authors: Oliver Gottschalg
1st Edition
1908783508, 9781908783509
