menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Money Banking
  4. Exam
    Exam 4: Interest Rate Measurement and Behavior
  5. Question
    If a One Year Zero-Coupon Bond Has a Face Value
Solved

If a One Year Zero-Coupon Bond Has a Face Value

Question 1

Question 1

Multiple Choice

If a one year zero-coupon bond has a face value of $1,000 and a discount rate of 8.7 percent, its original selling price is


A) $900.
B) $920.
C) $950.
D) $960.

Correct Answer:

verifed

Verified

Related Questions

Q2: An investor pays $1,230 for a bond

Q3: The dollar amount of interest is largest

Q4: Paul Oldy just purchased a $2,000 face

Q5: The supply of loanable funds is equivalent

Q6: The most widely used measure of interest

Q7: Which of the following is the correct

Q8: Paul would like to buy a consol

Q9: Interest rates have fallen since the early

Q10: The yield to maturity of a zero-coupon

Q11: An individual pays $4,000 for a $5,000

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