Question: Answer and explain plz MicroMedia Inc. $1, 000 par value bonds are selling for $832. Which of the following statements is TRUE? The bonds must

Answer and explain plz

MicroMedia Inc. $1, 000 par value bonds are selling for $832. Which of the following statements is TRUE? The bonds must have more than six years to maturity. The bonds are selling at a premium to the par value. The coupon rate is greater than the yield to maturity. None of the above are true. MicroMedia Inc. $1, 000 par value bonds are selling for $832. Which of the following statements is TRUE? The bonds must have more than six years to maturity. The bonds are selling at a premium to the par value. The coupon rate is greater than the yield to maturity. None of the above are true

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