Question: * A bond has a $ 1 , 0 0 0 par value, makes annual interest payments of $ 9 0 , has 1 0

*A bond has a $1,000 par value, makes annual interest payments of $90, has 10 years to maturity. If interest rates are 8%, the bond should sell at O a. Premium b. Discount c. Interest payment d. Par value

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