If coupon rate is more than going rate of interest, then bond will be sold________?

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262FinanceMedium

AAt par value

BSeasoned par value

CBelow its par value

DMore than its par value

Correct answer

C. Below its par value

Explanation

Below its par value is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

If coupon rate is more than going rate of interest, then bond will be sold________? - Answer and Explanation | Academy of Pakistan