An analyst evaluates a bond with the following characteristics:
Annual coupon rate: 4%
Time to maturity: 3 years
Par value: $100,000
If the market discount rate is 5%, the bond's market value is most likely:
Exam-Like
A
$89,839.
0.0%
B
$97,277.
100.0%
C
$102,775.
0.0%
Powered ByGPT-5.2
An analyst evaluates a bond with the following characteristics:
- Annual coupon rate: 4%
- Time to maturity: 3 years
- Par value: $100,000
If the market discount rate is 5%, the bond's market value is most likely: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
