ACC 300 at University of Michigan--Ann Arbor

3. Coupon and Market Rates Multiple Choice

in Topic 11 (Problem 3 of 5)

If Elonu Corporation issued $1,000,000 of 10-year, 9% bonds payable on January 1 at 95, market interest rates were

  1. less than 9%
  2. greater than 9%
  3. equal to 9%
  4. not enough information to determine
Watch Solution (1:51) Hide Solution Reveal Solution

The Rest Of The Practice Problems

Click Here to View All Topic 11 Problems at Once View
1 Bond Theory Multiple Choice Easy
2 Bond Issue Prices Moderate
3 Coupon and Market Rates Multiple Choice
You are here. 		Moderate
4 Bond Amortization Hard
5 Bond Retirement Hard
← Topic 10

Topic 11 Videos

1 Intro to Bonds 10:04
2 Discounts and Premiums 7:34
3 Selling at a Discount 7:15
4 Selling for a Premium 8:11
5 Amortization 21:42
6 Borrowing Cost 6:33
7 Interacting with Market Rates 5:30
8 Retiring Bonds 9:54
Topic 12 →