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F. ExistingPage Class
Answer: B
NEW QUESTION: 2
A. Option A
B. Option B
C. Option D
D. Option C
Answer: C
NEW QUESTION: 3
What is Claudius3000's Network Tool
A. Cloud design
B. Network design
C. LLD
D. SCT
Answer: A
NEW QUESTION: 4
The yield offered by a bond with 18 months remaining to maturity is 5%. The coupon is 3%, paid semi-annually, and there are two more coupon payments to go in addition to the interest payment made at maturity. What is the bond's price?
A. $99.07
B. $100
C. $97.14
D. $102.91
Answer: C
Explanation:
Explanation
This is a straightforward bond valuation problem where all variables required are known. The coupon payments will be $1.50 in 6 months and 1 year from now, and a final paymento of $101.50 will be received in an year's time. This can be discounted at the yield provided as follows, and summed together to get the bond price.