Multiple Choice
A company releases a five-year bond with a face value of $1000 and coupons paid semi-annually.If market interest rates imply a YTM of 6%,which of the following coupon rates will cause the bond to be issued at a premium?
A) 3%
B) 4%
C) 6%
D) 8%
E) 5%
Correct Answer:

Verified
Correct Answer:
Verified
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