A bond is quoted as Lging 8 
07 with a close of 106.Which of the following statements are true about this bond?
A) Lging pays $85 annually ($170 annually) in interest.
B) The market price of Lging is currently $1,060.
C) The current yield is less than 8%.
D) The bond is selling at a premium
E) All of the above
Correct Answer:
Verified
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