What relationship exists between the investors required rate of return and the bonds coupon rate...
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Accounting
What relationship exists between the investors required rate of return and the bonds coupon rate that will cause a bond to sell at a premium price? Why would an investor pay a premium price for a bond in the secondary market when the bond is only worth $1,000 when it matures?
What relationship exists between the investors required rate of return and the bonds coupon rate that will cause a bond to sell at a premium price?
Why would an investor pay a premium price for a bond in the secondary market when the bond is only worth $1,000 when it matures?
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