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11. For a 20 year $1000 par value 8% annual coupon bond that is selling at a premium and makes semiannual coupon payments, which of the following is

11. For a 20 year $1000 par value 8% annual coupon bond that is selling at a premium and makes semiannual coupon payments, which of the following is true?

A) The YTM of this bond is below 8%

B) The price of this bond is below its par value

c) Because this bond is selling at premium, it would be worth more than $1,000 at maturity.

D) The bond pays $160 in interest every six months.

Top Answer

Answer A) The YTM... View the full answer

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TRue: A) The YTM... View the full answer

Yield to Maturity Return anticipated from bond, if... View the full answer

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