[Solved] Ceram Industries Inc. issues today a corp

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Ceram Industries Inc. issues today a corporate bond which has a -5-year maturity, a face value of 1000 SEK and a 5.5% coupon rate with

Ceram Industries Inc. issues today a corporate bond which has a -5-year maturity, a face

value of 1000 SEK and a 5.5% coupon rate with annual coupon payments. What is the

price of the bond after one year (after the first coupon is paid out) if the yield to maturity

is 6%?

A. 1199 SEK

B. 983 SEK

C. 752 SEK

D. 562 SEK

E. 359 SEK

F. None of the above is correct

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