Question: 10) If a new bond issue hits the market with a stated coupon rate of 12% and the market interest rate is 8% that bond

10) If a new bond issue hits the market with a

10) If a new bond issue hits the market with a stated coupon rate of 12% and the market interest rate is 8% that bond will be issued at: A) par value B) zero coupon C) a premium D) a discount

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