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1. 4T Corp. will issue a zero-coupon bond this coming month. The bond's projected yield is 6%. If the par value is $1,000 and the
1. 4T Corp. will issue a zero-coupon bond this coming month. The bond's projected yield is 6%. If the par value is $1,000 and the maturity is 15 years, What is the bond's price using semiannual convention?
1,000.00
417.27
411.19
233.00
228.11
315.24
308.32
2. The coupon payment for an annual-coupon corporate bond is equal to the yield to maturity multiplied by the par value of the bond.
1) True
2) False
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