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Consider a bond with two year remaining to maturity, a $1,000 face value, an 8 percent coupon rate (paid annually). and an interest rate (either

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Consider a bond with two year remaining to maturity, a $1,000 face value, an 8 percent coupon rate (paid annually). and an interest rate (either required rate of return or yield to maturity) of 10 percent. How much is the modified Duration of the bond? in years 1.25 1.15 1.97 1.45 1.65 1.55 1.85 1.95 1.75 1.35 You buy a 6% coupon $1,000 par T-bond 41 days after the last coupon payment. Settlement occurs in two days. You become the owner 41 days after the last coupon payment (41+2), and there are 139days remaining until the next coupon payment. Clean Price =120 29/32. The dirty dollars price is 1147.23 1910.11 1216.15 1236.48 1211.38 1010.11 1015.14 1355.26 1468.25 1215.36 The stop out yield on a 10 year Treasury is 2.14%. What price would every successful bidder pay for a $1,000 par bond? in $ 994.33 997.88 997.31 995 999.50 996.25 996.43 996.10 994 998.66

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