What Is the Current Price of an Existing Treasury Bond

question 1

Multiple Choice

What is the current price of an existing Treasury bond that pays a fixed coupon of 6.4% per annum per $100 face value,compounding half-yearly,and maturing in four years? Current market yields are 6.8% per annum.

• A) $22.0888
• B) $44.1775
• C) $76.5307
• D) $98.6195

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Definitions:

Biological Psychology

A branch of psychology that explores the connections between biological processes and psychological states.

Neurotransmitter Deficiencies

A condition marked by lower-than-normal levels of neurotransmitters in the brain, potentially resulting in various neurological or psychological disorders.

Tomography

A imaging technique that creates detailed cross-sectional images of the body or other structures by scanning them from different angles.

Biopsychosocial Systems

An approach in psychology that examines psychological disorders and treatments based on the complex interplay between biological, psychological, and social factors.