Q 11

"Calculate the price of a 6.25% coupon bond that matures in 11 years if the market interest rate is 6 percent (Assume semiannual compounding and $1,000 par value) ."

		"$1,517.95 "
		"$1,300.71 "
		"$1,011.57 "
		"$1,019.92 "
		$653.80