Question
The U.S. Treasury just issued a 20-year bond at par. Is it possible for a corporation, to issue a 20-year bond at par? a. Yes,
The U.S. Treasury just issued a 20-year bond at par. Is it possible for a corporation, to issue a 20-year bond at par?
| a. Yes, if its coupon rate is high enough above that of the Treasurys | ||
| b) Yes, if its coupon rate is low enough below that of the Treasurys | ||
| c) Of course, because its yield-to-maturity is lower than that of the Treasury | ||
| d) Of course not, dummy! |
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
