A Five-Year Bond with a $1000 Face Value Has a Yield

question 75

Multiple Choice

A five-year bond with a $1000 face value has a yield to maturity of 5.5% and its coupon rate is 6.0% paid annually. The dirty price of this bond exactly 6 months after its second coupon payment is closest to:

• A) $1043.49
• B) $684.67
• C) $1005.87
• D) $983.93

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A psychological concept referring to the belief that one controls their own life, as opposed to being influenced by external forces.

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Master of Business Administration, a graduate degree focused on business management, leadership, and analytical skills.