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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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