Using Present Value Bond Valuation Techniques, Calculate the Exact Price

question 100

Multiple Choice

Using present value bond valuation techniques, calculate the exact price of the bond after the interest rate increase of 20 basis points.

• A)$1,007.94.
• B)$992.02.
• C)$992.06.
• D)$996.01.
• E)$1,003.99. [Refer to: 9-102]

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