(A) Below its par value (X)
(B) Above its par value ()
(C) Equal to return rate (X)
((D) Seasoned price (X)
Answers: If market interest rate falls below coupon rate then bond will be sold Above its par value.
(A) Below its par value (X)
(B) Above its par value ()
(C) Equal to return rate (X)
((D) Seasoned price (X)
Answers: If market interest rate falls below coupon rate then bond will be sold Above its par value.
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