A bond offers an annual coupon rate of 4%, with interest paid semi-annually. The bond matures in two years. At a market discount rate of 6%, the price of this bond per 100 of Par value is closest to:
A) 93.07.
B) 96.28.
C) 96.33.
Correct Answer:
Verified
Q1: A zero-coupon bond matures in 15 years.
Q3: Q4: Q5: The following information relates to Questions Q6: Relative to bond C, for a 200 Q7: An investor considers the purchase of Q8: Which bond offers the lowest yield-to-maturity? Q9: Which bond will most likely experience Q10: A bond with two years remaining until Q11: The following information relates to Questions
A) bond
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