Question:If a five-year, $1,000 bond with a 5% coupon rate is trading at
a YTM of...
Question
If a five-year, $1,000 bond with a 5% coupon rate is trading at
a YTM of...
If a five-year, $1,000 bond with a 5% coupon rate is trading at
a YTM of 5%, it is trading _____ A. cannot be determined B. at par
C. at a premium D. at a discount