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A bond has an Annual Percentage Rate of 2.31%. If it's periodicity is 2, what is it's Equivalent Annual Rate? a.2.330% % b.2.030% c. 2001%
A bond has an Annual Percentage Rate of 2.31%. If it's periodicity is 2, what is it's Equivalent Annual Rate? a.2.330% % b.2.030% c. 2001% d. 2.323% A bond pays a semi-annual coupon at a coupon rate of 6.7% and has 3 years to maturity. If the market discount rate is 6.6%, what is the value of the bond (per $100 of face value)? a. $100.264 b. $98.198 % c. $101.344 d. $100.268 A bond makes semi-annual interest payments at a coupon rate of 4.6% per year on 15 January and 15 July each year. What is the accrued interest (per $100 of face value) if the bond changes hands on 18 March 2020? a. $0.784 b. $0.788 c. $0.796 d. $0.801 % A bond pays an annual coupon at a coupon rate of 6.7% and has 3 years to maturity. If the market discount rate is 6.6%, what is the value of the bond (per $100 of face value)? a. $104.104 b. $101.344 c. $98194 x d. $100.264
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