A coupon bond that pays interest semi-annually has a par value of $1,000, matures in 7 years, and has a yield to maturity of 11%. The intrinsic value of the bond today will be（）if the coupon rate is 8.8%.

A、deferred coupon bond

B、credit-linked coupon bond

C、payment-in-kind coupon bond

D、空

A.5%

B.8%

C.10%

D.40%

息票债券(coupon bond)

A.5 percent.

B.8 percent.

C.10 percent.

D.40 percent.

A.prefer a noncallable bond to a callable bon

B.prefer a lower coupon bond to a higher coupon bon

C.eliminate reinvestment risk by holding a coupon bond until maturity.

A．A 5% coupon bond selling for $1 000

B．A 15% coupon bond selling for $1 000

C．A 10% coupon bond selling for $1 000

D．A 15% coupon bond selling for $900

A.bond

B.premium

C.par value

D.coupon rate

A.$847.69

B.$891.40

C.$935.12

D.空

A．deferred coupon bond

B．credit-linked coupon bond

C．payment-in-kind coupon bond

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

A.8.28%

B.7.28%

C.6.28%