【单选题】For each of the followinng pairs, which bond would you expect to pay a higher interest rate? A bond issued by the federal government or a bond issued by New York State?
【单选题】A 6 percent, annual coupon bond is currently selling at a premium and matures in 7 years. The bond was originally issued 3 years ago at par. Which one of the following statements is accurate in respec...
A.
The face value of the bond today is greater than it was when the bond was issued.
B.
The bond is worth less today than when it was issued.
C.
The yield-to-maturity is less than the coupon rate.