What Is the Quoted Price of a Bond That Has

question 79

Multiple Choice

What is the quoted price of a bond that has 4.5 years until maturity? The face value of the bond is $5000 and it has a coupon rate of 8.1% compounded semi-annually and a yield rate of 8.6% compounded semi-annually.

• A) $4809.32
• B) $4998.32
• C) $4908.32
• D) $4888.32
• E) $4898.32

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Definitions:

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The initial process of converting information into a form that can be stored in memory.