english

If a bond with a $1,000 par value, 20 years to maturity, and a coupon interest rate of 10% was

if a bond with a $1,000 par value, 20 years to maturity, and a coupon interest rate of 10% was selling for $1100, then the yield to maturity on that bond is: A. is less than 10% B. is greater than 10% C. is 10% D. cannot be determined g

Leave a Reply

Your email address will not be published.