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

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Definitions:

Purchase Frequency

Purchase frequency is a measure of how often customers buy a product or service over a specific period of time, indicating loyalty and satisfaction.

Formal Route Plans

Structured and planned courses of action, often used in logistics and distribution, to optimize efficiency and performance.

Territory Coverage

The strategy and execution of sales efforts across a designated geographic area or market segment, ensuring efficient and effective reach to potential customers.

Planning Experience

The process of defining goals, developing strategies, and outlining tasks and schedules to accomplish the goals.