Question: a coupon bond with a face value of 1200 that...
A coupon bond with a face value of $1200 that pays an annual coupon of $400 has a coupon rate equal to ?
What is the approximate (closest whole number) yield to maturity on a coupon bond that matures one year from today, has a par value of $1010, pays an annual coupon of $75, and whose price today is $1004.50?
If the yield to maturity on a bond exceeds its coupon rate, the price of the bond will be ____ its face value.
equal, above, below