Quizlit A $1,000 bond quote in the business press reports Coupon (%) of 3.45, Maturity of 2024, Current ($) of 1,012.90 and Yield (%) of 3.29. Which of the following is true regarding this bond?
a) When the bond matures in 2024, the issuer will pay $1,000 plus any interest owed.
b) The bond sold at a discount because the stated rate is greater than the market rate of interest.
c) The bond sold for $1,000 on that day.
d) The investor who purchased the bond at the current price will earn a return of 3.29%
e) The bond sold at a premium because the stated rate is greater than the market rate of interest.
f) When the bond matures in 2024, the issuer will pay $949.20 plus any interest owed.
g) The bond sold for $1,012.90 on that day. v
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