Question
If a 10-year bond's coupon rate exactly equals the market's required return on that bond, then: Group of answer choices a portion of the return
If a 10-year bond's coupon rate exactly equals the market's required return on that bond, then:
Group of answer choices
a portion of the return a buyer of this bond will earn will come from buying the bond at a discount.
the bond sells at par.
the bond sells at a premium because the bond matures in 10 years.
the bond will be repaid by the issuer at a discounted price.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
