A bond with an annual coupon of$100 originally sold at par for$1,000. The current yield to maturity

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A bond with an annual coupon of$100 originally sold at par for$1,000. The current yield to maturity on this bond is9%. Assuming no change inrisk, this bond would sell at a_____________ in order to compensate____________________________.

premium; the seller for the above market coupon rate

discount; the seller for the above market coupon rate

discount; the issuer for the higher cost of borrowing

premium; the purchaser for the above market coupon rate

discount; the purchaser for the above market coupon rate

Posted Date: May 18, 2024 10:05 AM

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A bond with an annual coupon of$100 originally sold at par for$1,000. The current yield to maturity

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