答案和详解如下: 6.bond will sell at a discount when the coupon rate is: A) less than the current yield and the current yield is less than the yield to maturity. B) greater than the current yield and the current yield is greater than the yield to maturity. C) greater than the yield to maturity. D) less than the current yield and the current yield is greater than the yield to maturity. The correct answer was A) When a bond sells at a discount the nominal yield, coupon yield divided by the face value, will be less than current yield and current yield will be less than YTM. 7.which of the following conditions is the bond selling at a premium? Coupon rate: A) current rate and yield-to-maturity are all the same. B) is less than current yield, which is less than yield-to-maturity. C) is less than current yield, which is greater than yield-to-maturity. D) is greater than current yield, which is greater than yield-to-maturity. The correct answer was D) When a bond is selling at a premium the nominal yield, coupon payment divided by face value, will be greater than current yield and current yield will be greater than YTM. 8. which of the following cases is the bond selling at a discount? The coupon rate is: A) greater than current yield and current yield is greater than yield-to-maturity. B) smaller than current yield and current yield is greater than yield-to-maturity. C) smaller than current yield and current yield is smaller than yield-to-maturity. D) greater than current yield and current yield is smaller than yield-to-maturity. The correct answer was C) When a bond is selling at a discount the nominal yield, coupon payment divided by face value, will be less than current yield and current yield will be less than YTM. |