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The Ministry of Treasury issued a bond with the following characteristics. Nominal Value: 1.000 TL Coupon Interest Rate: %14 1002 Release Date: April 20, 2018

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The Ministry of Treasury issued a bond with the following characteristics. Nominal Value: 1.000 TL Coupon Interest Rate: %14 1002 Release Date: April 20, 2018 Maturity: 4 years The bond pays annual interest. 1 year = 365 days Sear 36 What is the price of this bond on April 20, 2020 if you want to get %20 return? A) 908,33 TL B) 824,13 TL C) 758,96 TL D) 962,42 TL E) 926,55 TL

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