Page 1 of 1
A ten-year bond with par value 1,000 and annual coupon rater is redeemable at 1,100. You are given: i) The price to yiel
Posted: Sun Jun 05, 2022 7:29 am
by answerhappygod
- A Ten Year Bond With Par Value 1 000 And Annual Coupon Rater Is Redeemable At 1 100 You Are Given I The Price To Yiel 1 (22.13 KiB) Viewed 34 times
A ten-year bond with par value 1,000 and annual coupon rater is redeemable at 1,100. You are given: i) The price to yield an effective annual interest rate of 4% is P. ii) The price to yield an effective annual interest rate of 5% is (P – 81.49). iii) The price to yield an effective annual interest rate of r is X. Calculate X. Possible Answers A 1,061 B 1,064 c 1,068 D 1,071 E 1,075