Question
What causes bonds to sell for a premium to par value when previously trading at a discount? a. Coupon rates that have moved to now
What causes bonds to sell for a premium to par value when previously trading at a discount?
a.
Coupon rates that have moved to now exceed market rates
b.
Long periods until maturity of actuarial tables
c.
Recently awarded speculative-grade ratings that were previously investment grade
d.
Investment-quality ratings moving from AAA to BBB
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Stocks Bonds And Taxes A Comprehensive Handbook And Investment Guide For Everybody
Authors: Phillip B. Chute
1st Edition
1732885532, 978-1732885530
