Which of the following statements is true? Question 16 options: 1) a. Most bonds

Question

Which of the following statements is true? Question 16 options: 1) a. Most bonds pay interest compounded annually. 2) b. A premium bond's coupon interest rate is less than the going interest rate. 3) c. A discount bond's coupon interest rate is greater than the going interest rate. 4) d. Zero coupon bonds are sold at discount (their issuing price is less than $1,000). Which of the following statements is true? Which of the following statements is true? 1) a. Most bonds pay interest compounded annually. 2) b. A premium bond's coupon interest rate is less than the going interest rate. 3) c. A discount bond's coupon interest rate is greater than the going interest rate. 4) d. Zero coupon bonds are sold at discount (their issuing price is less than $1,000). 1) a. Most bonds pay interest compounded annually. 2) b. A premium bond's coupon interest rate is less than the going interest rate. 3) c. A discount bond's coupon interest rate is greater than the going interest rate. 4) d. Zero coupon bonds are sold at discount (their issuing price is less than $1,000). 1) a. Most bonds pay interest compounded annually. 2) b. A premium bond's coupon interest rate is less than the going interest rate. 3) c. A discount bond's coupon interest rate is greater than the going interest rate. 4) d. Zero coupon bonds are sold at discount (their issuing price is less than $1,000).

Explanation / Answer

b. A premium bond's coupon interest rate is less than the going interest rate.

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