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If the yield to maturity on a bond is greater than the coupon rate, the bond price will be greater than the par value, and
If the yield to maturity on a bond is greater than the coupon rate,
the bond price will be greater than the
par value, and the bond will sell at a
discount
value
en pa
les yiera above couport race.
the bond price will be less than the par
value, and the bond will sell at a
premium
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
