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Fish Corp Purchases a $100,000 Face Value Bond Which Matures in in One

Question 109

Multiple Choice

Fish Corp. purchases a $100,000 face value bond which matures in one year. The coupon rate is 6% and the market rate is 6%. What is the premium or discount?


A) $0
B) $5,660
C) $6,000
D) $94,340

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