Question

What is the approximate price of a bond that matures in two years (T = 2), with a face value of $1000 (F = $1000), and an annual coupon payment of $50 (C = $50), if the interest rate is 6 percent? $1056.67 $1100.00 $876.33 $981.67

          What is the approximate price of a bond that matures in two years (T = 2), with a
face value of $1000 (F = $1000), and an annual coupon payment of $50 (C = $50), if
the interest rate is 6 percent?
$1056.67
$1100.00
$876.33
$981.67

What is the approximate price of a bond that matures in two years (T = 2), with a
face value of 1000 (F =1000), and an annual coupon payment of 50 (C =50), if
the interest rate is 6 percent?
1056.671100.00
876.33981.67

Added by Jose Ignacio A.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Thanks for your feedback!

What is the approximate price of a bond that matures in two years (T)=(2), with a face value of $1000(F)=($1000), and an annual coupon payment of $50(C)=($50), if the interest rate is 6 percent?\n$1056.67\n$1100.00\n$876.33\n$981.67 What is the approximate price of a bond that matures in two years (T = 2), with a face value of $1000 (F = $1000), and an annual coupon payment of $50 (C = $50), if the interest rate is 6 percent? $1056.67 $1100.00 $876.33 $981.67