If coupon rate is equal to going rate of interest, t... - Solved MCQs & Answer

505FinanceMedium

If coupon rate is equal to going rate of interest, then bond will be sold________?

ASeasoned par value

BMore than its par value

CBelow its par value

DAt par value

Correct answer

D. At par value

Explanation

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

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