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bond a and bond b have a yield to maturity of 7%. bond a has a coupon rate of 8% and bond b has 6%.
bond a and bond b have a yield to maturity of 7%. bond a has a coupon rate of 8% and bond b has 6%. assume each has a par value of $1000. what can you conclude?
a. not enough info
b. bond a is selling for less than $1000 but bond b is more then 1000
c. both are selling for more then 1000
d. both are less than $1000
e. bond a is selling for more than 1000 but bond b is less then 1000
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