Question
Which among the bonds is the cheapest? Option 1, Bond Face Value:2000.00, Maturing at :105, Yield:5%,Compounded: semi-annually, if Coupon Pays:7.00%,Purchased at 3/1/2015,Maturing on 9/1/2020, Purchase
Which among the bonds is the cheapest? Option 1, Bond Face Value:2000.00, Maturing at :105, Yield:5%,Compounded: semi-annually, if Coupon Pays:7.00%,Purchased at 3/1/2015,Maturing on 9/1/2020, Purchase Price_____. Option 2, Bond Face Value:1750.00, Maturing at :105, Yield:5%, Compounded: semi Annually, if coupon pays :7.00%,Purchased on:6/1/2015,Maturing on 9/1/2020, Purchase Price_____. Option 3, Bond Face Value:1500.00, Maturing at:110,Yield:6%, Compounded:quarterly, If coupon pays:7.50%, Purchased on:1/1/2015,Maturing on :3/1/2020 , Purchase price_____. Option 4, Bond Face Value:1500.00, Maturing at 110, yield:7%,Compounded:quarterly, if coupon pays 7.25%, Purchased on :1/1/2015,Maturing on 1/21/2020, Purchase Price_____.Option Number_____is the cheapest bond.
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