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The Brated bond is considered investment grade. 39 1 point A bond has a face value of $1,000. The coupon rate of interest is
The Brated bond is considered investment grade. 39 1 point "A bond has a face value of $1,000. The coupon rate of interest is 5%. The bond is currently selling in the market for $980. A potential investor has calculated that the present value of the bond to her is $960. What is the most that the investor should be willing to pay for the bond?" 00 $960 $980 "$1,000" "$1.050"
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