Fixed Income Q39

0. A bond offering an annual coupon rate of 6%, paying interest semiannually, matures in 6 years. Given that the market discount rate is 4%, which of the following is most likely to be the price of the bond?

  • Option : C
  • Explanation : PMT = 3, FV = 100, r = 2%, N = 12, CPT, PV = $110.5.
Cancel reply

Your email address will not be published. Required fields are marked *


Cancel reply

Your email address will not be published. Required fields are marked *