Answered: If a simple discount bond sells above…

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Economics

If a simple discount bond sells above par, what do you know about the interest rate?

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter13: Monetary Policy

Section: Chapter Questions

Problem 12E

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7. If a simple discount bond sells above par, what do you know about the interest rate?

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