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johnpaech johnpaech
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Posts: 1098
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6 years ago
A 4 year default free security with a face value of $1000 and an annual coupon rate of 5.25% will trade:
A) at a premium.
B) at par.
C) at a discount.
D) There is insufficient information provided to answer this question.
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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1 Reply
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pbrown223pbrown223
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Posts: 439
6 years ago
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johnpaech Author
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6 years ago
Helped a lot
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
You make an excellent tutor!
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