A $1,000 Face Value,120-Day Bond Is Quoted at a Bank

question 36

Multiple Choice

A $1,000 face value,120-day bond is quoted at a bank discount yield of 3.38 percent.What is the current bond price?

• A)$957.60
• B)$960.09
• C)$974.18
• D)$982.02
• E)$988.73

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Data

Raw facts and figures without context that can be processed to generate information.

Connecting System

A framework or platform that enables different systems or components to link and interact with each other.

Wireline

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Wireless

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