Question
If a bond is priced at par value, then: it has a very low level of default risk. its coupon rate equals the market rate.
If a bond is priced at par value, then:
it has a very low level of default risk.
its coupon rate equals the market rate.
it must be a zero-coupon bond.
the bond is very close to maturity.
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
