Question
Gugenheim, Inc. offers a 9.75 percent coupon bond with annual payments. The yield to maturity is 5.275 percent and the maturity date is 6 years.
Gugenheim, Inc. offers a 9.75 percent coupon bond with annual payments. The yield to maturity is 5.275 percent and the maturity date is 6 years. What is the market price of a $1,000 face value bond?
Possible answers:
$755.96 $490.56 $1,225.15 $979.87 $1,269.18
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Advanced Bond Portfolio Management
Authors: Frank J. Fabozzi, Lionel Martellini, Philippe Priaulet
1st Edition
0471678902, 9780471678908
