If a Bond Is Purchased at a Price Above the Face

question 45

Multiple Choice

If a bond is purchased at a price above the face value,the yield to maturity is:

• A)greater than the stated interest rate.
• B)the same as the stated interest rate.
• C)less than the stated interest rate.
• D)zero.
• E)of no significance.

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Regulations established by local governments detailing the standards for construction and safety of buildings and structures.

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