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Author Question: You just purchased a Federal Government bond for $1,180.23. The bond has a coupon rate of 6%, a face ... (Read 70 times)

Pineappleeh

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Question 1

You have just purchased a 15-year, $1,000 par value US Government bond for $909.20. The yield to maturity on the bond is 8.6%. What is the coupon rate?
◦ 7.5%
◦ 8.6%
◦ 9.0%
◦ 7.0%
◦ 15.0%

Question 2

You just purchased a Federal Government bond for $1,180.23. The bond has a coupon rate of 6%, a face value of $1,000, and yields 3.8%. In how many years will this bond mature?
◦ 8 years
◦ 9 years
◦ 10 years
◦ 11 years
◦ 12 years


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Marked as best answer by Pineappleeh on Apr 25, 2021

katkat_flores

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Pineappleeh

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


softEldritch

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Reply 3 on: Yesterday
:D TYSM

 

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