Kohl's Corporation's 7.25% bonds due in 2029 were reported as selling for 115.948. Were the bonds selling

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Kohl's Corporation's 7.25% bonds due in 2029 were reported as selling for 115.948. Were the bonds selling at a premium or at a discount? Why is Kohl's able to sell its bonds at this price?

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Corporate Financial Accounting

ISBN: 978-1133952411

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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