Question
Most coupon bonds are issued at par, which implies that the coupon rate is normally set equal to the required rate of return (that is,
Most coupon bonds are issued at par, which implies that the coupon rate is normally set equal to the required rate of return (that is, the interest rate) of the bond. True or False?
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Fundamentals Of Investments Valuation And Management
Authors: Bradford D Jordan, Thomas W. Miller Jr., Steven D. Dolvin
6th Edition
0073530719, 9780073530710
