contestada

Calculate the closing price of a bond that has a face value of $1,000 and is closing at 101 7/8% of the face value.

A. $1,001.78
B. $1,000.78
C. $1,018.75
D. $1,000.75

Respuesta :

jordancampbell4

Answer:

The present value of this bond is simply the sum of these two present values: ... an investment in an 8%, $1,000 par value, 5-year Government of Canada bond. ... D.T-bill yield is calculated as (100-price)/price x (365/term) x 100. ... maturity (per $100 face value) for a bond with a 7.0% coupon, current market price of $107.50 ...

Step-by-step explanation:

evilseven666

The answer is C $1,018.75