An $8,000 coupon bond with a $400 annual coupon payment has a coupon rate of _________

A、A 5-year bond with a face value of $1,000 and a coupon rate of 9%, issued that morning and being traded at a price of $1030

B、A 10-year bond with a face value of $1,000 and a coupon rate of 8%, issued on March 22, 2008 and being traded at a price of $980

C、Both of bonds mentioned in A and B

D、None of bonds mentioned in A and B

Bao Capital issues a 4-year semiannual-pay bond with a face value of $10 million and a coupon rate of 10%.The market interest rate is 11% when the bond is issued.The balance sheet liability at the end of the first semiannual period is closestto:

A.$9,650,700.

B.$9,683,250.

C.$9,715,850.

Tiffany Zheng purchased a $1,000 par value, 0% coupon bond with 16 years to maturity one year ago. The YTM (semiannually compounding) was 6.0%. Now one year later, with market rates remaining the same, Zheng purchases an annuity with a semiannual payment of $30 for 15 years. Which of the following gives the closest combined value of the two investments based on the 6% semiannual yield?

A. $1,000.

B. $27.83.

C. $29.46.

A、3.5%

B、6.0%

C、7.0%

D、8.0%

Consider a $1,000 par value bond, with an annual paid coupon of 7%, maturing in 10 years. If the bond is currently selling for $980.74, the YTM isclosest to:

A.8.28%

B.7.28%

C.6.28%

Assuming an annual discount rate of 5%, which of the following is closest to the value of a 10-year, 6% coupon, $1000 par value bond with semi-annual payments?

A. $1077.2.

B. $1077.9.

C. $1075.0.

An 8%, semiannual pay, option-free bond that is trading at par is maturing in 8 years. The effective duration of the bond based on a 50 basis point change in rates is closest to:

A. 3.9

B. 4.0

C. 5.8

The yield to maturity on a bond is______.

A．below the coupon rate when the bond sells at a discount, and above the coupon rate when the bond sells at a premium

B．the discount rate that set the present value of the payments equal to the bond price

C．the current yield plus the average annual capital gain rate

D．based on the assumption that any payments received are reinvested at the coupon rate