Question

find the coupon rate of a bond that is sold at 950 $ and has a par value with $1,000 , 5 years to maturity, and a discount rate of 6%?

Select one:

a. 5.3%.

b. 3.2%.

c. 4.7%.

d. 6.2%.

If the yield of maturity of the bond is higher than the coupon rate, the price of this bond will be?

Select one:

a. Higher than the par value.

b. Equal the par value.

c. Lower than the par value.

You got a loan today of $10,000 for 3 years, annual interest rate is 6%. The annual payment is closest to:

Select one:

a. $4,020

b. $3,741

c. $2,890

d. $2,674

Which of the following items can be found on a firms balance sheet listed as:

Select one:

a. Copywrites

b. Accounts receivables

c. Depreciation

d. Salaries payables

Answer 1

Q1. Find the coupon rate of a bond that is sold at 950 $ and has a par value with $1,000 , 5 years to maturity, and a discount rate of 6%?