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An investor holds a 10 year bond pays a coupon rate of 9%. The yield to maturity of the bond is 10%. The bond is
An investor holds a 10 year bond pays a coupon rate of 9%. The yield to maturity of the bond is 10%. The bond is trading:
A. Flat B. At a discount C. At a premium D. At Par
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International Finance A Survey
Authors: H. Kent Baker, Leigh A. Riddick
1st Edition
0199754659, 978-0199754656
