A bond with an annual coupon of $100 originally sold at par for $1,000. The current...

Question

Question

A bond with an annual coupon of $100 originally sold at par for $1,000. The current yield to maturity on this bond is 9% Assu

Answer 1

Answer #1

Bonds will be sold at premium if Coupon rate is more than market rates of interest in order to compensate the seller

Answer E

Answer 2

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