Question: A $1,000 face value bond with an annual coupon of $110 was issued originally at par tor 1.000. The current yield-to-maturity on this bond is

 A $1,000 face value bond with an annual coupon of $110

A $1,000 face value bond with an annual coupon of $110 was issued originally at par tor 1.000. The current yield-to-maturity on this bond is 9.5%. Assuming no change in the risk of the fim that issued the bond, this bond would currently sell in the secondary market at a discount a premium a) b) c) d) a par There is not enough information to answer this

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