Bond is currently selling for price greater than face value

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Reference no: EM131323946

A bond is currently selling for a price greater than face value. If the bond’s yield to maturity remains constant, which of the following statements is most correct:

a. The bond’s price will be higher next year

b. The bond’s price will be lower next year

c. This bond is a bad investment.

d. Both answers (a) and (c) are correct.

e. Both answers (b) and (c) are correct.

Reference no: EM131323946

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