Multiple Choice
What is the price of a 2-year maturity bond with a 5% coupon rate paid annually? (Par value = $1,000)
A) $1,092.97
B) $1,054.24
C) $1,028.51
D) $1,073.34
E) none of the above
Correct Answer:
Verified
Related Questions
What is the price of a 2-year maturity bond with a 5% coupon rate paid annually? (Par value = $1,000)
A) $1,092.97
B) $1,054.24
C) $1,028.51
D) $1,073.34
E) none of the above
Correct Answer:
Verified