6) If the coupon rate equals the required rate of return, the price of the bond...
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6) If the coupon rate equals the required rate of return, the price of the bond a. should be above its par value. b. should be below its par value. c. should be equal to its par value. d. is negligible. 7) Zero coupon bonds with a par value of $1,000,000 have a maturity of 10 years, and a required rate of return of 9 percent. What is the current price? a. $363,212 b. $385,500 c. $422,410 d. $424,100 e. none of the above 8) Value of risk securities will be relatively a. high; high b. high; low c. low; low d. none of the above 9) Secondary stock offering is issuance of shares by the company, that is already public. a. True b. False 10) Floor brokers are supposed to create market for securities. a. True b. False 6) If the coupon rate equals the required rate of return, the price of the bond a. should be above its par value. b. should be below its par value. c. should be equal to its par value. d. is negligible. 7) Zero coupon bonds with a par value of $1,000,000 have a maturity of 10 years, and a required rate of return of 9 percent. What is the current price? a. $363,212 b. $385,500 c. $422,410 d. $424,100 e. none of the above 8) Value of risk securities will be relatively a. high; high b. high; low c. low; low d. none of the above 9) Secondary stock offering is issuance of shares by the company, that is already public. a. True b. False 10) Floor brokers are supposed to create market for securities. a. True b. False
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