微信扫一扫
实时资讯全掌握
|
A year ago a company issued a bond with a face value of $1,000 with an 8% coupon. Now the prevailing market yield is 10%. What happens to the bond? The bond: A. is traded at a market price of less than $1,000. B. is traded at a market price higher than $1,000. C. price is not affected by the change in market yield, and will continue to trade at $1,000. |