PRACTICE EXAM 1
E) A 5 percent coupon bond with a price of $1,000. 43) If a $10,000 face-value discount bond maturing in one year is selling for $5,000, then its yield to maturity is . A) 50 percent. B) 10 percent. C) 100 percent. D) 5 percent. 44) The current yield on a $5,000, 8 percent coupon bond selling for $4,000 is . A) 8 percent. B) 5 percent. C) 10 ... ................
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