The coupon payment for an annual-coupon corporate bond is equal to the coupon rate multiplied by the current price of the bond. 1) True 2) False 4T Corp. will issue a zero-coupon bond this coming month. The bond's projected yield is 8%. If the par value is $1,000 and the maturity is 10 years, What is the bond's price using semiannual convention? 456.39 463.19 411.19 233.00 228.11 315.24 308.32 CCZ Inc. has outstanding bonds with a face value of $1,000, a coupon rate of 12% and a yield to maturity (YTM) of 7.40%. Is the following statement true or false: "The market price of the bond is less than $1,000" True False Previous Page Next Pape Page 7 of 7