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If a bonds price is higher than its par value, the bond is trading at...

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Question

Accounting

If a bonds price is higher than its par value, the bond is trading at

A.

a discount
B.

none of the answers listed here
C.

a premium
D.

par

The "yield to maturity" on a bond is the...

internal rate of return (IRR) that the investor will earn if she buys the bond and holds it until maturity.

the nominal yield

the coupon rate

none of the answers listed here.

Answer & Explanation Solved by verified expert
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