1. A $1000 face value bond quoted as 102.16 sells for _________ and a bond quoted as 99.08 sells for _____
a. $1020.16 ; $990.80
b. $1020.16 ; $992.50
c. $1021.60 ; $992.50
d. $1021.60 ; $990.80
e. $1025.00 ; $ 992.50
2. ccca. equal the coupon rate divided by the current market price.
b. another name for the current yield.
c. the current required market rate
d. equal to the annual interest divided by the face value
e. another name for coupon rate.