1 premium bond has a a market price equal to the face, Ask an Expert

Finance

1. Premium bond has a :

A. market price equal to the face value.

B. market price that exceeds the face value

C. yield to maturity that exceeds the coupon rate.

D. yield to maturity that is less than the coupon rate

a. A only

b. A & C only

c. C & B only

d. A& D only

e. B & D only

2. Dividends are payments:

A. of cash only B. of either cash or stock C. to bondholders D. to shareholders

a. A&C only

b. A& D only

c. B & C only

d. B& D only

e. A.C,D only

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92787884

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