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Question 8: A $1,000 face value bond with an annual coupon of $110 was issued originally at par for $1,000. The current yield-to-maturity on this
Question 8: A $1,000 face value bond with an annual coupon of $110 was issued originally at par for $1,000. The current yield-to-maturity on this bond is 12%. Assuming no change in the risk of the firm that issued the bond, this bond would currently sell in the secondary market at a discount a premium a) b) c) d) a par There is not enough information to answer this
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