Solved

A Coupon Bond That Pays Interest Semi-Annually Is Selling at Par

Question 25

Multiple Choice

A coupon bond that pays interest semi-annually is selling at par value of $1,000, matures in seven years and has a coupon rate of 8.6%.The yield to maturity on this bond is


A) 8.0%.
B) 8.6%.
C) 9.0%.
D) 10.0%.
E) None of the options

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents