All the securities below have annual payments. [Do not round interim calculations] Security Rating Maturity (yrs) Face Value Coupon Price T-Bill 1 $1,000 0% $982.33 T-Note 5 $1,000 2.40% $992.44 T-Bond 10 $1,000 3.25% $1,005.53 T-Bond 20 $1,000 3.90% $1,002.26 Corp Bond BBB 5 $1,000 3.80% $944.55 Corp Bond AA 10 $1,000 3.40% $968.12 Corp Bond A 20 $1,000 5.10% $982.35 What price would you pay for a 10-year, BBB bond with a coupon rate of 5.90%, a $1,000 Face Value and annual payments?
All the securities below have annual payments. [Do not round interim calculations]
Security Rating Maturity (yrs) Face Value Coupon Price
T-Bill 1 $1,000 0% $982.33
T-Note 5 $1,000 2.40% $992.44
T-Bond 10 $1,000 3.25% $1,005.53
T-Bond 20 $1,000 3.90% $1,002.26
Corp Bond BBB 5 $1,000 3.80% $944.55
Corp Bond AA 10 $1,000 3.40% $968.12
Corp Bond A 20 $1,000 5.10% $982.35
What price would you pay for a 10-year, BBB bond with a coupon rate of 5.90%, a $1,000 Face Value and annual payments?
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