Solved

Use the Following Bond Quotes to Answer This Question -
If You Purchase Eight Talliru Bonds, the Cost Will

Question 16

Multiple Choice

Use the following bond quotes to answer this question:
 Company Coupon Maturity High Low Last Change Yield Falliru 7.60 Nov 2012100.0599.6899.89.02? Co.  Zeus 8.25 Apr 2016102.41101.87102.03.10?\begin{array}{cccccccc}\text { Company}&\text { Coupon}&\text { Maturity }&\text {High}&\text { Low }&\text {Last }&\text {Change}&\text { Yield }\\\text {Falliru } & 7.60 & \text { Nov } 2012 & 100.05 & 99.68 & 99.89 & .02 & ? \\\text { Co. } & & & & & & & \\\text { Zeus } & 8.25 & \text { Apr } 2016 & 102.41 & 101.87 & 102.03 & -.10 & ?\end{array}


-
If you purchase eight Talliru bonds, the cost will be ________ and the annual interest income will be ________.


A) $8,000.00; $388.75
B) $8,000.00; $412.50
C) $8,000.00; $460.00
D) $7,991.20; $608.00
E) $7,991.20; $998.9

Correct Answer:

verifed

Verified

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

Related Questions