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Author Question: A bond sells at a discount when (Read 65 times)

luvbio

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on: Apr 25, 2021

Question 1

A $1,000 face value bond has a coupon yield of 12.02%. The bond has a coupon rate of 13%. What is the price of the bond?
◦ $1,000
◦ $1,082
◦ $1,202
◦ $1,300
◦ Cannot be determined without more information.

Question 2

A bond sells at a discount when
◦ its price equals its face value.
◦ its price exceeds its face value.
◦ an investor does not receive periodic interest payments from a coupon bond.
◦ its price is lower than its face value.
◦ the broker charges a low commission on the sale.
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by luvbio on Apr 25, 2021

whitcassie

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Reply #1 on: Apr 25, 2021
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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luvbio

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

Animal_Goddess

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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