A coupon bond pays the owner of the bond _________
举一反三
- A coupon bond pays the owner of the bond a fixed interest payment (coupon payment) every year until the maturity date, when a specified final amount (face value or par value) is repaid. （ ） A: True B: False
- If you have a bond that pays a lump sum at the time of maturity, it is A: called a zero-coupon bond. B: worth more than a bond with coupon payments. C: riskier than a bond with coupon payments. D: a safer investment than a perpetuity.
- A dual-currency bond pays coupon interest in a currency other than the home currency of the issuer.
- A portfolio manager is considering the purchase of a bond with a 5.5% coupon rate that pays interest annually and matures in three years. If the required rate of return on the bond is 5%, the price of the bond per 100 of par value is closest to
- A five-year bond with a yield of 11% (annually compounded） pays an 8% coupon at the end of each year. What is the bond's modified duration?（ ） A: 3.982 B: 4.256 C: 3.843