1 34829 $30 OA) USD1030.00 B) What is the closest face value of this bond if current rate is 4.95%? USD1120.00 OC) USD1060.20 OD) USD970.00 2 OE) USD1000.00 $30 3 $30 40 $30+ S
1 34829 $30 OA) USD1030.00 B) What is the closest face value of this bond if current rate is 4.95%? USD1120.00 OC) USD1060.20 OD) USD970.00 2 OE) USD1000.00 $30 3 $30 40 $30+ S
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
![8628788#
OA)
B)
OC)
OD)
What is the closest face value of this bond if current rate is 4.95%?
OE)
1
$30
50856698
USD1030.00
USD1120.00
USD1060.20
USD970.00
2
USD1000.00
$30
3
$30
40
$30+ $1,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd3138f06-94d5-4129-864a-b6eca9163d38%2F518efae4-b2cf-4be1-9ee1-e44d98bad817%2Fmu07k6m_processed.jpeg&w=3840&q=75)
Transcribed Image Text:8628788#
OA)
B)
OC)
OD)
What is the closest face value of this bond if current rate is 4.95%?
OE)
1
$30
50856698
USD1030.00
USD1120.00
USD1060.20
USD970.00
2
USD1000.00
$30
3
$30
40
$30+ $1,000
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