Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
kyaramarie318 kyaramarie318
wrote...
Go to Answer
Posts: 118
Rep: 0 0
2 years ago
A $1,000 par value, 12-year annual bond carries a coupon rate of 7%. If the current yield of this bond is 7.995%, its market price to the nearest dollar is

▸ $876.

▸ $925.

▸ $1,075.

▸ $1,125.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
Read 53 times
1 Reply
Replies
Answer verified by a subject expert
yolinessyoliness
wrote...
#1
Posts: 118
Rep: 1 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

kyaramarie318 Author
wrote...

2 years ago
You make an excellent tutor!
asd454512
wrote...

Yesterday
Helped a lot
mambah4
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1254 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 999
  
 181
  
 193
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: What's your favorite coffee beverage?