CHAPTER 1
a. coupon rate on a bond multiplied by the face value of the bond. b. par value on a bond divided by the face value of the bond. c. par value on a bond minus the face value of the bond. d. coupon rate on a bond minus the face value of the bond. ANSWER: a . 37. If a bond is sold at a discount from par, this. a. lowers the yield on the bond. ................
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