Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. when the par value of a bond exceeds the market va

When the par value of a bond exceeds the market value, the bond is selling...

60.1K

Verified Solution

Question

Accounting

When the par value of a bond exceeds the market value, the bond is selling at a ______ and interest rates have gone ______ since the bond was originally issued.

a) premium, down

b) premium, up

c) discount, down

d) discount, up

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Call a log-space reduction a reduction that uses only O(logn) space in addition to the input itself, and...

Electrical Engineering
Q

Identify a large long-term care system within your community (this may be a nursing home, a...

General Management
Q

1. An important issue in compensation is the gender-wage gap. It is illegal to pay men...

General Management
Q

3. Analyze and Journalize the following entries; On June 1, 2012 Sam Near created a travel...

Accounting
Q

16 When observed from the earth the angular diameter of the sun is 0 5...

Physics
Q

The table below summarizes the birth weights to the nearest pound of a sample of...

Geometry
Q

2 4 4b Given A 1 2 1 1 3 0 1 0 5 b...

Basic Math
Q

you calculate In 7 you would be finding the value of which of the following...

Algebra
Q

direct labor number is 12,800,000 Comfy Foot Shoe Company makes loafers. During the most...

Accounting
Q

The contribution format income statement for Huerra Company for last year is given below: Unit...

Accounting
Q

pex Fitness Club uses straight-line depreciation for a machine costing $22,450, with an estimated four-year...

Accounting
Q

4. Bond valuation The process of bond valuation is based on the fundamental concept that...

Finance