Question: On February 10 2014 finance yahoo com bonds quoted a
On February 10, 2014, finance. yahoo. com/ bonds quoted a bond price of 140.2 for Ford Motor Company ’ s 9.3 percent bonds maturing on March 1, 2030. Were the bonds listed at a discount or premium? Does this mean the market interest rate for comparable bonds was higher or lower than 9.3 percent?
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