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Use the Following Bond Quotes to Answer This Question -
What Was Yesterday's Closing Price on the Beta Movers

Question 61

Multiple Choice

Use the following bond quotes to answer this question:
 Issuer NameCoupon Maturity High Low  Last Change  Alpha 5.875Apr 2010 99.82398.66799.402+.008 Industrial  Beta Movers 7.120May 2036103.407100.013103.354+.010\begin{array}{lrr}\text { Issuer Name}& \text {Coupon }&\text {Maturity}&\text { High }&\text {Low } &\text { Last}&\text { Change }\\ \text { Alpha } &5.875& \text {Apr 2010 }&99.823&98.667&99.402&+.008\\ \text { Industrial } &\\ \text { Beta Movers } &7.120& \text {May 2036}&103.407&100.013&103.354&+.010 \\\end{array}

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What was yesterday's closing price on the Beta Movers bond?


A) $1,020.13
B) $1,033.44
C) $1,044.07
D) $1,053.54
E) $1,054.07

Correct Answer:

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