What Is the Amount of Premium/discount for a Bond That

question 50

Multiple Choice

What is the amount of premium/discount for a bond that has 4 years till it matures? The face value of the bond is $100 000 and it has a bond rate of 6.4% compounded semi-annually. The bond is sold to yield 7.4% compounded semi-annually.

• A) $3084.47
• B) $3840.47
• C) $3048.47
• D) $3408.47
• E) $3184.47

Understand the legal procedure and requirements for establishing and enforcing mechanic's and materialman's liens.

Differentiate between various terms and clauses in mortgage agreements, such as due on sale clauses, and understand their implications.

Understand the concept and implications of equity of redemption.

Recognize the contractual and statutory requirements for the filing and enforcement of liens.

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