Please help me ASAP!!. An investor purchases a company's bond from two years ago with a lower coupon rate than this year's bond. Why would the investor want to buy a lower-interest
bond in the secondary market?
A opportunity to negotiate a longer maturity
B opportunity to negotiate a higher par value to increase the yield
Copportunity to negotiate a higher yield from the other investor
D opportunity to negotiate a lower par value to offset the lower interest
rate