【单选题】

A、year ago a company issued a bond with a face value of $1000 with an 8 percent coupon. Now the prevailing market yield is 10 percent. What happens to the bond The:

A、bond is traded at a market price higher than $1000.B、bond is traded at a market price less than $1000.

C、company has to issue a new 2 -percent coupon bon

D、