question archive What is the value of a bond which doesn't pay any coupon payments and it offers 7% percent interest for a single period? Select one: a
What is the value of a bond which doesn't pay any coupon payments and it offers 7% percent interest for a single period? Select one: a
Subject:FinancePrice:2.86 Bought9
What is the value of a bond which doesn't pay any coupon payments and it offers 7% percent interest for a single period? Select one: a.1025.88 b.920.12 c.934.58 000 d.1051.6
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Bond's current price = Fave value/ (1+interest)
Bond's current price = $1000/1.07
= $934.58
Answer = Option C
