Bonds sell at a premium over the par value when market rates for similar bonds are
A) less than the bond's coupon rate.
B) greater than the bond's coupon rate.
C) equal to the bond's coupon rate.
D) Market rates are irrelevant in determining a bond's price.
Answer: A) less than the bond's coupon rate.
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Which of the following assets do not qualify for capitalization of interest costs incurred during construction of the assets?
a. Assets under construction for an enterprise's own use. b. Assets intended for sale or lease that are produced as discrete projects. c. Assets financed through the issuance of long-term debt. d. Assets not currently undergoing the activities necessary to prepare them for their intended use.
Manufacturers that add online channels may avoid alienating retailers or other intermediaries by offering different brands or products through online channels than in stores
Indicate whether the statement is true or false