menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Money Banking
  4. Exam
    Exam 29: Tying It All Together
  5. Question
    A Ten-Year $1,000,000-Face-Value Zero-Coupon Treasury Bond Has a Market Price
Solved

A Ten-Year $1,000,000-Face-Value Zero-Coupon Treasury Bond Has a Market Price

Question 51

Question 51

Multiple Choice

A ten-year $1,000,000-face-value zero-coupon Treasury bond has a market price of __________ when the interest rate is 9.62%.


A) $399,119
B) $674,844
C) $903,800
D) $962,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q46: Suppose that during a given month 200,000

Q47: An unexpected rise in the growth rate

Q48: An unexpected drop in the LEI should

Q49: An unexpected fall in Capacity Utilization should

Q50: The Purchasing Managers' Index is _ indicator.<br>A)

Q52: An unexpected fall in GDP growth should

Q53: An unexpected rise in Capacity Utilization should

Q54: The BLS monthly household survey involves about

Q55: A Purchasing Manager's Index below 50 indicates<br>A)

Q56: A ten-year $1,000,000-face-value zero-coupon Treasury bond has

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines