Question
if its yield to maturing is greater than its coupon rate, a bond will sell at a ______ , and increases in market interest rates
if its yield to maturing is greater than its coupon rate, a bond will sell at a ______ , and increases in market interest rates will:
A. Discount; decrease this discount B. discount; increase this discount C. premium; decrease this premium D. premium; increase this premium E. premium; not affect this premium
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Finance For Managers
Authors: E. Martinez Abascal
1st Edition
0077140079, 9780077140076
