A 10-year Treasury bond with an 8% coupon rate should sell for ____ a 10
year Treasury bond with a 12% coupon rate.
A) less than
B) more than
C) the same as
D) indeterminate
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答案是 (A) 嗎?
因為它配的 coupon 比較少, 所以售價應該要比較便宜?
還是我想得不正確?
thanks.
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