Question
A U.S. corporate issued bond is currently trading for $932. Which of the following statements are either likely or certainly true? (choose all that apply):
A U.S. corporate issued bond is currently trading for $932. Which of the following statements are either likely or certainly true? (choose all that apply):
1) The bond's coupon rate is higher than its YTM.
2) The bond's coupon rate is lower than its YTM.
3) The bond's face value is $1000.
4) The bond pays interest semiannually.
5) This bond would be considered a discount bond at this time.
6) This bond would be considered a junk bond at this time.
7) This bond has just been issued.
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Personal Finance For Canadians
Authors: Elliot Currie, Thomas Chambers, Kathleen Brown
9th Edition
0132286750, 978-0132286756
