Business, 30.11.2019 05:31 Dweath50

Quizlit a $1,000 bond quote in the business press reports coupon (%) of 3.45, maturity of 2024, current ($) of 1,012.90 and yield (%) of 3.29. which of the following is true regarding this bond?
a) when the bond matures in 2024, the issuer will pay $1,000 plus any interest owed.
b) the bond sold at a discount because the stated rate is greater than the market rate of interest.
c) the bond sold for $1,000 on that day.
d) the investor who purchased the bond at the current price will earn a return of 3.29%
e) the bond sold at a premium because the stated rate is greater than the market rate of interest.
f) when the bond matures in 2024, the issuer will pay $949.20 plus any interest owed.
g) the bond sold for $1,012.90 on that day. v

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Quizlit a $1,000 bond quote in the business press reports coupon (%) of 3.45, maturity of 2024, curr...

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