Question
All else constant, a bond will sell at _____ when the coupon rate is _____ the yield to maturity. Multiple Choice a premium; equal to
All else constant, a bond will sell at _____ when the coupon rate is _____ the yield to maturity.
Multiple Choice
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a premium; equal to
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par; less than
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a discount; less than
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a discount; higher than
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a premium; less than
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
9th Edition
0618938737, 978-0618938735
