> Three-year bond pays coupon of 6.8%. Coupon payments made semiannually. Market rate interest of 6.8%, What is the market

Three-year bond pays coupon of 6.8%. Coupon payments made semiannually. Market rate interest of 6.8%, What is the market

Posted at: 2014-12-05 
If market rate and coupon rate are the same, market value = face value. They are trading at Par.