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borteleto borteleto
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Posts: 2477
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6 years ago
A corporate bond has a coupon rate of 9%, a face value of $1,000, and matures in 15 years. Which of the following statements is MOST correct?
A) An investor with a required return of 10% will value the bond at more than $1,000.
B) An investor who buys the bond for $900 and holds the bond until maturity will have a capital loss.
C) An investor who buys the bond for $900 will have a yield to maturity on the bond greater than 9%.
D) If the bond's market price is $900, then the annual interest payments on the bond will be $81.
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guzmanguzman
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6 years ago
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borteleto Author
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#2
6 years ago
Such a godsend, you helped me and my friend big time
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