A bond whose coupon rate is below the current market rate of interest will have a price:

Related MCQs

• Zero Coupon Bond is also known as
• The present value of a coupon bond is:
• ____________ is also called zero coupon bond.
• Interest rate expectations have been thought to be an important influence on bond sales because:
• Type of bonds that pay coupon interest are classified as
• According to --------- theory of interest, the rate of Interest is the price of credit which is determined by the demand and supply for loanable funds.
• Type of bond whose present value is lesser than that of its face value is classified as
• Coupon bonds:
• ................ bonds permit the bond holder to invest the interest income again in host bonds
• For given change in interest rates, percentage change in present value of bond is classified as