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mlee52381 mlee52381
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2 years ago
Equinox Corporation issued a 4% bond four years ago at par value. The market interest rate on comparable bonds today is 3.5%.

▸ This bond sells at a discount and the coupon rate is higher than the yield.

▸ This bond sells at a premium and the coupon rate is lower than the yield.

▸ This bond sells at a discount and the coupon rate is lower than the yield.

▸ This bond sells at a premium and the coupon rate is higher than the yield.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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realistpnoyrealistpnoy
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2 years ago
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mlee52381 Author
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2 years ago
Good timing, thanks!
cipcal
wrote...

Yesterday
this is exactly what I needed
Zacellison
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2 hours ago
Thank you, thank you, thank you!
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