A Corporate Bond with a Face Value of $1,000 Is

question 17

Multiple Choice

A corporate bond with a face value of $1,000 is currently selling at par,and pays an 8% yield to maturity.Which of the following statements concerning this bond is true?

• A)Its current market price is $1,000.
• B)Its current semi-annual coupon payment is $40.
• C)Its current yield is 8%.
• D)All of the above are correct.
• E)Only B and C are correct.

---

Definitions:

Neritic Province

A marine zone extending from the low tide mark to the edge of the continental shelf, characterized by abundant sunlight and life.

Oceanic Province

A large, biogeographic region of the ocean characterized by distinct environmental conditions and marine life.

Pelagic Zone

The open ocean zone, far from shore and above the ocean floor, inhabited by a variety of marine species.

Brittle Stars

Echinoderms characterized by their long, slender arms, which are distinct from the central disk.