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QUESTION 32 A 5% perpetual bond sells for $885. What is the yield (annualized) for the bond? 3.49% 5.09% 5.65% 6.41% none of these 4

QUESTION 32

  1. A 5% perpetual bond sells for $885. What is the yield (annualized) for the bond?

    3.49%

    5.09%

    5.65%

    6.41%

    none of these

4 points

QUESTION 33

  1. A zero Coupon Bond sells for $331.40. If the bond has 15 years to maturity, what is the yield on the bond?

    4.8%

    5.4%

    6.9%

    7.5%

    none of these

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