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Cameron has a $500 bond with a 4.5% coupon The yield of the bond is 4.6% What is the bid price for the bond? A. $511.11 B. $489.13 c. 0522.22 D. $478.72
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33 votes
33 votes
Cameron has a $500 bond with a 4.5% coupon The yield of the bond is 4.6%

What is the bid price for the bond?
A. $511.11
B. $489.13
c. 0522.22
D. $478.72

User DanMatlin
by
3.0k points

2 Answers

20 votes
20 votes

Answer:

the answer is 478.72

Explanation:

User Muthu Thavamani
by
3.2k points
18 votes
18 votes
The answer is D or $478.72
User Gisele
by
2.4k points
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