A $10,000, 6.2% bond with quarterly coupons redeemable at par is purchased 9 years before maturity to yield 6% compounded quarterly. Determine the premium or discount. Select one: a. $137.54 b. $530.86 c. $144.88 d. $138.30 e. $469.14 10. What is the current price of a bond that has 8 years until maturity? The face value of the bond is $10,000 and has a coupon rate of 8.61% compounded semi-annually and a yield rate of 8.6% compounded semi-annually. Select one: a. $10,290.24 b. $9,398.24 c. $9,715.03 d. $10,289.42 e. $9,598.24

Q&A Education