Question: Q16 D Question 16 1 pts Ron Logan is a bond manager. He purchased $50 million in 0% coupon Southwest Manufacturing bonds at par three

Q16

D Question 16 1 pts Ron Logan is a bond manager. He purchased $50 million in 0% coupon Southwest Manufacturing bonds at par three years ago. Today, the bonds are priced to yield 6.85%. The bonds mature in nine years. The Southwest bonds are trading at a: discount and the yield to maturity has decreased since purchase, premium, and the yield to maturity has increased since purchase discount and the yield to maturity has increased since purchase premium, and the yield to maturity has decreased since purchase

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