Question
A bond with an annual coupon of $50 originally sold at par for $1,000 (several years ago). Today, the YTM on this bond is currently
A bond with an annual coupon of $50 originally sold at par for $1,000 (several years ago). Today, the YTM on this bond is currently 6%. This bond will currently sell at a_____________? a) discount b)premium
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
