Question
The 5-year Treasury bond is currently yielding 5.25%, The coupon at issuance was 6.00%. Is the bond trading at a discount, a premium, or at
The 5-year Treasury bond is currently yielding 5.25%, The coupon at issuance was 6.00%. Is the bond trading at a discount, a premium, or at par?
| A. | Par | |
| B. | Discount | |
| C. | Premium (Hint: this is the correct answer) | |
| D. | Cannot be determined from the information given |
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School Finance Elections
Authors: Don E. Lifto, Bradford J. Senden, Daniel A. Domenech
2nd Edition
1607091488, 978-1607091486
