What Is the Value of a $1,000 Par Value Bond

question 118

Multiple Choice

What is the value of a $1,000 par value bond with 10 years left to maturity,a 9% coupon rate paid annually and 7.5% YTM?

• A)$1,000
• B)$903.74
• C)$1,102.96
• D)$750

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