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Which of the following IBM Bonds is sold at discount? A. Coupon rate 10%; time to maturity 30 years; yield to maturity 8% B. Coupon

Which of the following IBM Bonds is sold at discount?

A. Coupon rate 10%; time to maturity 30 years; yield to maturity 8%

B. Coupon rate 7%; time to maturity 10 years; yield to maturity 5%

C. Coupon Rate 6%; time to maturity 20 years: yield to maturity 10%

D. Coupon rate 8%; time to maturity 30 years; yield to maturity 8%

E. Not enough information

Recently, Papyrus filed for bankruptcy. What most likely happened to the bonds of Papyrus in response to the filing?

A. Prices of the bonds increased; yield to maturity increased

B. Price of the bonds increased; yield to maturity decreased

C. Price of the bonds decreased; yield to maturity decreased

D. Price of the bond decreased; yield to maturity increased

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