A Company Releases a Five-Year Bond with a Face Value

question 59

Multiple Choice

A company releases a five-year bond with a face value of $1000 and coupons paid semiannually.If market interest rates imply a YTM of 6%,what should be the coupon rate offered if the bond is to trade at par?

• A)3%
• B)4%
• C)6%
• D)8%

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A term historically used to identify women of European descent, though its usage has evolved over time to recognize its implications in racial categorization.

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