The U.S. Treasury has issued 10-year zero coupon bonds with a face value of $1,000. Assume that coupon payments are normally semiannual. What will be the current market price of these bonds if the opportunity cost for similar investments in the market is 6.75 percent?
A) $684
B) $860
C) $515
D) $604
Ans: C) $515
Business
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A) text ads that are displayed on walls and sidewalks using popular lingo and words B) visual ads in which the focal point is an image and occupies the maximum space in the ad C) visual ads using flyers or posters in crowded places where a single word draws the attention of passersby D) text ads that appear as sponsored links along with the results of a particular word search in a search engine
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Leaders' information roles include those of monitor, disseminator, and spokesperson
Indicate whether the statement is true or false
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