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Wong Ltd issued a 15 year coupon bond 2 years ago. It carries a coupon of 8% with a face value of $ 1,000 and the current yield is 11% Q.20) The price of the bond today is: a.) $ 780 d.) S 830 $ 800 V $ 840 X a.) d.) c.) $ 820 Q.21) If you bought this bond 2 years ago and decide to sell it today, your return is: c.) (2.50) % (1.25) % (2.25) % 2.25 % 2.50%

Wong Ltd issued a 15 year coupon bond 2 years ago. It carries a coupon of 8% with a face value of $ 1,000 and the current yield is 11% Q.20) The price of the bond today is: a.) $ 780 d.) S 830 $ 800 V $ 840 X a.) d.) c.) $ 820 Q.21) If you bought this bond 2 years ago and decide to sell it today, your return is: c.) (2.50) % (1.25) % (2.25) % 2.25 % 2.50%

Essentials Of Investments
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
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Please answer question no 21?

For Q.20) to Q.21), please refer to the following problem: Wong Ltd issued a 15 year coupon bond 2 years ago. It carries a coupon of 8% with a face value of $ 1,000 and the current yield is 11% Q.20) The price of the bond today is: b.)) a.) d.) $ 780 $ 830 a.) d.) $ 800 $ 840 X Q.21) If you bought this bond 2 years ago and decide to sell it today, your return is: b. c.) (2.50) % (2.25) % 2.50% (1.25) % 2.25 % c.) S 820
Transcribed Image Text:For Q.20) to Q.21), please refer to the following problem: Wong Ltd issued a 15 year coupon bond 2 years ago. It carries a coupon of 8% with a face value of $ 1,000 and the current yield is 11% Q.20) The price of the bond today is: b.)) a.) d.) $ 780 $ 830 a.) d.) $ 800 $ 840 X Q.21) If you bought this bond 2 years ago and decide to sell it today, your return is: b. c.) (2.50) % (2.25) % 2.50% (1.25) % 2.25 % c.) S 820
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