Exhibit 36-1 Bond FaceValueof Bond Price ofthe Bond Annual CouponPayment A $1,000 $850 $25 B $1,000 $950 $41 C $1,000 $1,100 $52 D $1,000 $1,100 $32 E $1,000 $1,000 $50 Refer to Exhibit 36-1. The yield on bond C is approximately
A. 0.05 percent.
B. 5.2 percent.
C. 4.7 percent.
D. 100 percent.
Answer: C
Economics
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Use the following figure for the federal funds market to answer the next question.
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