If the annual coupon is $40,the face value $1,000,the market price $930,and the number of years to maturity 3,what is the approximate yield to maturity?
A) 6.51%
B) 5.31%
C) 4.31%
D) 3.31%
E) None of the above
Correct Answer:
Verified
Q1: Of the following bond ratings,which are classified
Q2: The coupon yield is:
A)The return that is
Q4: The current yield is:
A)Annual coupon/face value of
Q5: The amount due at bond maturity is
Q6: Due to changes in interest rates,
A)A premium
Q7: Bond coupons are:
A)Fixed contractual payments that are
Q8: What is liquidity?
A)The ability to convert an
Q9: The relationship that exists between bond maturity
Q10: As bond maturity increases,the bond's risk:
A)Increases
B)Decreases
C)Does not
Q11: If the annual coupon is $2,243.5,the face
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