If market interest rates remain unchanged what will be the


You currently own a 5-year bond with a face value of $1,000 and a coupon rate of 10 percent with annual payments. The bond is currently worth $832.39. If market interest rates remain unchanged, what will be the value of the bond when there are only 4 years left until maturity?

  • $832
  • $857
  • $957
  • $1,000

Solution Preview :

Prepared by a verified Expert
Finance Basics: If market interest rates remain unchanged what will be the
Reference No:- TGS02492642

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)