Use the Figure for the Question(s) Below

question 52

Multiple Choice

Use the figure for the question(s) below.
-A risk-free, zero-coupon bond has 15 years to maturity. Which of the following is closest to the price per $1000 of face value that the bond will trade at if the YTM is 6.1%?

• A) $663.78
• B) $774.42
• C) $553.15
• D) $885.05

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Monetary Savings

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The final amount at which a product or property is sold after any discounts or negotiations.

Everyday Low Price

A pricing strategy where products are consistently offered at low prices without special promotions or discounts.

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A measure used to quantify the subjective feeling of loneliness experienced by an individual.