• 2021-04-14
    Which of the following $1,000 face value securities has the highest yield to maturity?
  • A 15 percent coupon bond selling for $900
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    • 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

      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.

    • 2

      Green Roof Inns is preparing a bond offering with a 6 percent, semiannual coupon and a face value of $1,000. The bonds will be repaid in 10 years and will be sold at par. Given this, which one of the following statements is correct?

    • 3

      Which of the following are securities?

    • 4

      A $10,000, 8 percent coupon bond that sells for $10,000 has a yield to maturity of _________