A Semiannual Coupon Bond Has a 5% Coupon Rate, a $1,000

question 73

Multiple Choice

A semiannual coupon bond has a 5% coupon rate, a $1,000 face value, a current value of $1,083.29, and 4 years until the first call date. What is the call price if the yield to call is 6.0%?

• A)$1,000
• B)$1,060
• C)$1,100
• D)$1,125
• E)$1,150

---

Definitions:

Semantic Memory

A kind of permanent memory specifically for retrieving words, concepts, or numerals, imperative for understanding and applying language.

Autobiographical Information

Information related to one's own life and experiences, often stored as episodic memory.

Hierarchies of Information

Organizational structures that arrange data, ideas, or objects in ranked order or levels, often used to improve understanding and decision-making.

Subordinate Categories

Subordinate Categories refer to the more specific classifications that fall under broader categories in hierarchical organization systems.