Question
10. What is the value of a $10,000 zero coupon bond that has 23 years to maturity and a 6% APR YTM. Use semiannual analysis.
10. What is the value of a $10,000 zero coupon bond that has 23 years to maturity and a 6% APR YTM. Use semiannual analysis.
A. $2658 B. $2618 C. $2567 D. $2535 E. $2477
11. A 10 year, $1000 par value bond pays a 6% APR coupon semiannually. If the yield on similar bonds is 5%, what is the current yield?
A. 2.7% B. 5.6% C. 2.8% D. 5.2% E. 5.4%
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Criminal Capital How The Finance Industry Facilitates Crime
Authors: S. Platt
1st Edition
113733729X,1137337303
