Question
You want to purchase a 5 year, 6% coupon bond with a par value of $1,000. The bond pays coupons semiannually. The return on other
You want to purchase a 5 year, 6% coupon bond with a par value of $1,000. The bond pays coupons semiannually. The return on other bonds with similar risk is currently 10%. The bond will be sold.
A. at premium
B. at discount
c. at par
d. any one of the above
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
8th Edition
0077606779, 978-0697789945
