单选题 Gabrielle Daniels and Edin Roth, CFA candidates, are discussing the relationship between a bond"s coupon rate and the required market yield. Looking through the local newspaper, they see a new-issue, 10-year, $1000 face value 8.00 percent semi-annual coupon bond priced at $950. Daniels makes the following statements. Which statement does Roth tell her is CORRECT?
【正确答案】 C
【答案解析】When the issue price is less than par, the bond is selling at a discount. We also know that the current market required rate is greater than the coupon rate because the bond is selling at a discount.