On any given day,a bond can be issued at

Name: On any given day,a bond can be issued at
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A bond can be issued at a discount when its coupon rate is lower than the prevailing market interest rates, at a premium when its coupon rate is higher than the prevailing market interest rates, and at par when its coupon rate is equal to the prevailing market interest rates. Therefore, all the given options are correct.

On Any Given Day,a Bond Can Be Issued at