Multiple Choice
Which of the following bonds is trading at par?
A) a bond with a $2000 face value trading at $1987
B) a bond with a $1000 face value trading at $999
C) a bond with a $1000 face value trading at $1000
D) a bond with a $2000 face value trading at $2012
E) a bond with a $1000 face value trading at $1200
Correct Answer:
Verified
Correct Answer:
Verified
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