Question
If a bond is selling at a premium, the bondholder will pay a price _____ than par and will incur a _____ if the bond
"If a bond is selling at a premium, the bondholder will pay a price _____ than par and will incur a _____ if the bond is held until maturity."
| Greater; capital gain | ||
| Greater; capital loss | ||
| Less; capital gain | ||
| Less; capital loss |
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Quantitative Finance Its Development Mathematical Foundations And Current Scope
Authors: T. Wake Epps
1st Edition
0470431997, 9780470431993
