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Author Question: A 25-year bond with a 9% annual coupon has a yield to maturity of 11%. Which statement about this ... (Read 193 times)

nanna

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on: Aug 7, 2023
A 25-year bond with a 9% annual coupon has a yield to maturity of 11%. Which statement about this bond is correct?

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The bond is selling above its par value.


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The bond is selling at a premium to its par value.


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The bond is priced to sell at its par value.


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The bond is selling at a discount to its par value.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by nanna on Aug 7, 2023

H.cope00

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nanna

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

amcvicar

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Reply 3 on: Yesterday
Excellent

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