Question
number 5 A bond that pays interest semiannually has a coupon rate of 4.93 percent and a current yield of 5.17 percent. The par value
number 5
A bond that pays interest semiannually has a coupon rate of 4.93 percent and a current yield of 5.17 percent. The par value is $1000. What is thee bond's price?
a 937.69
b 953.58
c 1048.68
d 976.79
e 1033.04
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Personal Finance
Authors: Jack R Kapoor, Glencoe McGraw Hill, Les R Dlabay, Robert J Hughes
1st Edition
0078698006, 9780078698002
