[单选题]

If the appropriate annual discount rate is 6%, the value of a 3-year bond that has a 7% coupon rate, has a maturity (par) value of $1,000, and pays interest annually is closest to:

A.$973.76.

B.$1,026.73.

C.$1,049.17.

参考答案与解析:

相关试题

A bond has a 10-year maturity, a $1,000 face value, and a 7% coupon rate. If the market requires a y

[单选题]A bond has a 10-year maturity, a $1,000 face value, and a 7% coupon rate. I

  • 查看答案
  • A company issued a $1,000 face value bond on 1 January. The annual coupon rate on the bond is 12 per

    [单选题]A company issued a $1,000 face value bond on 1 January. The annual coupon r

  • 查看答案
  • A bond has a par value of $5,000 and a coupon rate of 8.5% payable semiannually. What is the dollar

    [单选题]A bond has a par value of $5,000 and a coupon rate of 8.5% payable semiannu

  • 查看答案
  • A firm issues a 4-year semiannual-pay bond with a face value of $10 million and a coupon rate of 10%

    [单选题]A firm issues a 4-year semiannual-pay bond with a face value of $10 million

  • 查看答案
  • The 4-year spot rate is 9.45%, and the 3-year spot rate is 9.85%. What is the 1-year forward rate th

    [单选题]The 4-year spot rate is 9.45%, and the 3-year spot rate is 9.85%. What is t

  • 查看答案
  • Consider a $/00 par value bond with a 7% coupon paid annually and 5 years to maturity At a discount

    [单选题]Consider a $/00 par value bond with a 7% coupon paid annually and 5 years t

  • 查看答案
  • Consider a $100 par value bond with a 7% coupon paid annually and 5 years to maturity. At a discount

    [单选题]Consider a $100 par value bond with a 7% coupon paid annually and 5 years t

  • 查看答案
  • Consider a $100 par value bond with a 7% coupon paid annually and 5 years to maturity. At a discount

    [单选题]Consider a $100 par value bond with a 7% coupon paid annually and 5 years t

  • 查看答案
  • Which of the following is closest to the value of a 10-year, 6% coupon, $100 par value bond with sem

    [单选题]Which of the following is closest to the value of a 10-year, 6% coupon, $10

  • 查看答案
  • A major bank has entered into a 4-year, annual-pay, 6% plain-vanilla interest rate swap with a notio

    [单选题]A major bank has entered into a 4-year, annual-pay, 6% plain-vanilla intere

  • 查看答案
  • If the appropriate annual discount rate is 6%, the value of a 3-year bond that has a 7% coupon rate,