A 10-year bond with quarterly coupons has a face (par) value of $500. The nominal annual coupon rate is 6% compounded quarterly. The redemption value is $550. The nominal annual yield rate is 7.2% compounded quarterly. Determine the price of the bond.

		< 475
		475 but < 500
		500 but < 525
		525 but < 550
		>550

A 10-year bond with semi-annual coupons has a face (par) value of $500 and a redemption value of $550. The coupon rate is a nominal annual rate of r⁽²⁾ = 7% compounded semi-annually and the yield rate is a nominal annual rate of i⁽²⁾ = 6% compounded semi-annually. Find the amount of premium written down in the 9th coupon payment

< 1.00
		1.00 but < 1.25
		1.25 but < 1.50
		1.50 but < 1.75
		1.75