A risk-free, zero-coupon bond with a face value of $10,000 has 15 years to maturity. If the YTM is 6.1%, which of the following would be closest to the price this bond will trade at?

A) $4937
B) $5760
C) $6582
D) $4114

Answer: D

Business

You might also like to view...

Before agreeing to an interview, you should:

a. Ask the reporter which organization he or she works for b. Consult with professionals in your own organization c. Trust your instincts d. Find out who else is participating in the interview e. All of the above

Business

Meghan Tull is the chief operator of a computer facility for a large company and also a single mother of two children. The facility processes customer billing, so stringent regulations and procedures must be followed to the letter

Because she was denied a promotion, she has become dissatisfied with her job. Her dissatisfaction will MOST LIKELY result in ________. A) her job performance dramatically dropping B) increased errors in customer billing C) no significant change in job performance D) changes in Meghan's personality

Business