A Coupon Bond Which Pays Interest Semi-Annually Has a Par

question 93

Multiple Choice

A coupon bond which pays interest semi-annually has a par value of $1,000,matures in 8 years,and has a yield to maturity of 6%.If the coupon rate is 7%,the intrinsic value of the bond today will be __________ (to the nearest dollar) .

• A) $1,000
• B) $1,063
• C) $1,081
• D) $1,100

---

Definitions:

Negotiated

The process of discussing to reach an agreement in business, employment conditions, or contracts.

Export Controls List

A regulatory list that identifies items subject to export restrictions or licenses, often for reasons of national security, foreign policy, or trade objectives.

Export Broker

A person or company that acts as an intermediary, arranging for goods to be sold and shipped to overseas buyers.

Prohibited Components

Items or substances that are not allowed to be used in the manufacture or assembly of a product due to legal, safety, or health reasons.