An $8000 bond pays semi-annual coupons of $380 every April 15 and October 15.The bond is bought on August 15 for a full price of $8214.79.What is the quoted price per $100,q?
A) 105.85
B) 99.52
C) 84.68
D) 79.61
Correct Answer:
Verified
Q41: A $500 bond was issued on May
Q42: A $1500 bond was purchased between bond
Q43: The market (or clean)price of a bond
Q44: A $10,000 bond matures on January 1,2020.It
Q45: A $1000 bond pays coupons at j2
Q47: A $10,000 bond pays coupons at j2
Q48: A $10,000 bond with semi-annual coupons at
Q49: A $2000 bond pays semi-annual coupons of
Q50: A $900 bond,redeemable for $950,is bought on
Q51: A $2,000 bond was purchased between bond
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents