微信扫一扫
实时资讯全掌握
|
You are considering the purchase of a three-year annual coupon bond with a par value of $1,000 and a coupon rate of 5.5%. You have determined that the spot rate for year 1 is 5.2%, the spot rate for year two is 5.5%, and the spot rate for year three is 5.7%. What would you be willing to pay for the bond now? A. $937.66. B. $1,000.00. C. $995.06. |