Why is proctor & gamble able to sell

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Procter and Gamble 's 4.7% bonds due in 2019 were reported as selling for 104.797. Were the bonds selling at a premium or at a discount? Why is Proctor & Gamble able to sell its bonds at this price?

Reference no: EM13252273

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Why is proctor & gamble able to sell : Procter and Gamble 's 4.7% bonds due in 2019 were reported as selling for 104.797. Were the bonds selling at a premium or at a discount? Why is Proctor & Gamble able to sell its bonds at this price?

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