Question 3

l ol l DOl per 100 of par value is closert to: A. 98.65 B. 101.36. C. 106.43. 2 A bond with two years remaining until maturity offers a 3% coupon rate with interest paid annually. At a market discount rate of490, the price of this bond per 100 of par value is closest to: A. 95.34. B. 98.00. C. 98.11 3. An investor who owns a bond with a 9% coupon rate that pays interest semiannually and matures in three years is considering its sale. If the required rate of return on the bond is 11%, the price of the bond per 100 of par value is closest to: A. 95.00. B. 95.11. C. 105.15. 4. A bond offers an annual coupon rate of 4%, with interest paid semiannually. The b interest paid semiannually. The bond matures in two years. At a market discount rate of 6%, the price of this bond per 100 of par value is closest to: A. 93.07. B. 96.28. C. 96.33. A bond offers an annual coupon rate of 5%, with interest paid semiannually. The bond lo disount rare of 3%, the price of this bond per 100 of