The purchase price of a 3-year 9 percent...

题目

The purchase price of a 3-year 9 percent semiannual coupon bond that is currently yielding 7 percent will be:

选项

A.105.11

B.105.25

C.105.33

D.105.45

答案

C

解析

Answer: CUsing a bond calculator, N = 6, PMT = -4.5, I/Y = 3.5, FV = -100. Solving for PV we get 105.33.使用债券计算器，N = 6, PMT = -4.5, I/Y = 3.5, FV = -100。求PV，得到105.33。