Which of the following instruments pays the holder of the instrument a fixed interest payment every year until maturity, and then at maturity pays the holder the face value (principle) of the
instrument?
A. coupon bond
B fixed-payment loan
C. simple loan
D. discount bond
Suppose that a bond has one year to maturity. The yield to maturity on the bond if it was bought for $1050.00 and has a $1100 face value with a coupon rate of 11% is %. (Round your response to the nearest whole number)
Consider a coupon bond with a face value of $1500, one year to maturity, and a coupon rate of 6% Given a yield to maturity of 4%, the price the bond will sell for is $ the nearest two decimal place)
(Round your response to the nearest two decimal place)