Question
Bond A has a coupon rate of 10.00 percent, a yield-to-maturity of 13.79 percent, and a face value of $1,000.00; matures in 8 years; and
Bond A has a coupon rate of 10.00 percent, a yield-to-maturity of 13.79 percent, and a face value of $1,000.00; matures in 8 years; and pays coupons annually with the next coupon expected in 1 year. What is (X + Y + Z) if X is the present value of any coupon payments expected to be made in 3 years from today, Y is the present value of any coupon payments expected to be made in 6 years from today, and Z is the present value of any coupon payments expected to be made in 9 years from today?
An amount less than $85.45 or a rate greater than $225.19 |
An amount equal to or greater than $129.57 but less than $147.36
An amount equal to or greater than $85.45 but less than $129.57
An amount equal to or greater than $147.36 but less than $174.74
An amount equal to or greater than $174.74 but less than $225.19
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