Which statement or statements apply to a bond which is selling at a premium? I. The market value exceeds the p

Question

Which statement or statements apply to a bond which is selling at a premium?

I. The market value exceeds the par value.
II. The selling rate is above 100.
III. It is sold by corporations, not by the government.
a.
I and II
b.
I only
c.
III only
d.
I, II, and III

GPT-5 mini · Answer

a. I and II

Explanation: A premium bond sells for more than its par (face) value, so market value exceeds par (I). Quoted price above 100 (percent of par) indicates a premium (II). Statement III is false — both corporations and governments can issue bonds that trade at a premium.

Which statement or statements apply to a bond which is selling at a premium?

I. The market value exceeds the par value.
II. The selling rate is above 100.
III. It is sold by corporations, not by the government.
a.
I and II
b.
I only
c.
III only
d.
I, II, and III

All Answers 1

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Which statement or statements apply to a bond which is selling at a premium? I. The market value exceeds the par value. II. The selling rate is above 100. III. It is sold by corporations, not by the government. a. I and II b. I only c. III only d. I, II, and III

All Answers 1

Submit Your Answer

Which statement or statements apply to a bond which is selling at a premium?

I. The market value exceeds the par value.
II. The selling rate is above 100.
III. It is sold by corporations, not by the government.
a.
I and II
b.
I only
c.
III only
d.
I, II, and III