14: Asset Valuation: Debt Investments: Basic Concepts

C. 15-year, zero-coupon bond priced to yield 9.00%. D. 10-year, 7.00% semi-annual coupon bond. B. A bond sells at a premium when the coupon rate is greater than the required market yield. Here, the 10-year, 8.00% semi-annual coupon bond would sell above par, or at a premium. The 15-year, zero-coupon bond priced to yield 9.00% would sell at a ... ................
................