Question: 1 Points: 1 Billy is computing the present value of a semi-annual coupon bond that has 4 years to maturity, a 6% coupon, and a

1 Points: 1 Billy is computing the present value of a

1 Points: 1 Billy is computing the present value of a semi-annual coupon bond that has 4 years to maturity, a 6% coupon, and a 5% yield to maturity. Which one of the following is correct? A The bond is selling at a discount. B The amount of each interest payment is $60. The current price of the bond will be greater than the par value. D The present value is assumed to be $1,000

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