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    Exam 15: The Term Structure of Interest Rates
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    What Is the Price of a 4-Year Maturity Bond with a 10
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What Is the Price of a 4-Year Maturity Bond with a 10

Question 48

Question 48

Multiple Choice

What is the price of a 4-year maturity bond with a 10% coupon rate paid annually? (Par value = $1,000)


A) $742.09
B) $1,222.09
C) $1,035.66
D) $1,141.84
E) none of the above

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