If the effective rate is 10% percent and the contract rate is 8% percent, the bond will sell at A. A discount B. A premium C. Par D. Face

Question

asked Nov 25, 2020 67.8k views

2 Answers

Ealhad · Answer 1 · 2020-11-27T18:42:38+0000

Answer:

If the effective rate is 10% percent and the contract rate is 8% percent, the bond will sell at

A. A discount

B. A premium

C. Par

D. Face

Explanation: