A: True
B: False
举一反三
- (I) A discount bond requires the borrower to repay the principal at the maturity date plus an interest payment. (II) A coupon bond pays the lender a fixed interest payment every year until the maturity date, when a specified final amount (face or par value) is repaid.
- If a $5,000 coupon bond has a coupon rate of 13 percent, then the coupon payment every year is _________.
- As the coupon rate of a bond increases, the bond's:() A: face value increases B: current price decreases C: interest payments increase D: maturity date is extended
- A<br/>coupon bond that pays interest annually has a par value of $1,000,<br/>matures in seven years, and has a yield to maturity of 9.3%. The<br/>intrinsic value of the bond today will be ________ if the coupon rate<br/>is 8.5%. A: $712.99 B: $960.14 C: $1,123.01 D: $886.28 E: $1,000.00
- The coupon rate of bond is the interest rate specified in the bond, which is equal to the ratio of the annual interest over the value of bond.
内容
- 0
If the annual market discount rate is 6%, the value of a three-year bond that has a 7% coupon rate, has a maturity (par) value of $1,000, and pays interest annually is closest to: A: $1,026.73. B: $1,049.17. C: $973.76.
- 1
Which of the following statements is FALSE? A: The amount of each coupon payment is determined by the coupon rate of the bond. B: Prior to its maturity date, the price of a zero-coupon bond is always greater than its face value. C: The simplest type of bond is a zero-coupon bond. D: Treasury bills are U.S. government bonds with a maturity of up to one year.
- 2
A<br/>coupon bond that pays interest annually is selling at a par value of<br/>$1,000, matures in five years, and has a coupon rate of 9%. The yield<br/>to maturity on this bond is ________ A: 8.0%. B: 8.3%. C: 9.0%. D: 10.0%. E: None<br/>of the options are correct.
- 3
A<br/>coupon bond that pays interest semi-annually has a par value of<br/>$1,000, matures in seven years, and has a yield to maturity of 11%.<br/>The intrinsic value of the bond today will be ________ if the<br/>coupon rate is 8.8%. A: $922.78 B: $894.51 C: $1,075.80 D: $1,077.20 E: None<br/>of the options are correct.
- 4
A coupon bond pays the owner of the bond _________