question archive Calculate the current market price (to the nearest) of bond having par value of $1,000, having a semi-annual coupon rate of 12%, maturity of 12 years and current yield of 15
Calculate the current market price (to the nearest) of bond having par value of $1,000, having a semi-annual coupon rate of 12%, maturity of 12 years and current yield of 15
Subject:FinancePrice:2.86 Bought3
Calculate the current market price (to the nearest) of bond having par value of $1,000, having a semi-annual coupon rate of 12%, maturity of 12 years and current yield of 15.50%.
Select one:
A. $911.84
B. $711.84
C. $811.84
D. $1,011.84
Option 1
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Option 2
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