lucy88
Nov 13, 2009, 08:20 PM
if market rate of interest is 8%, the price of 6% bonds paying interest semiannually with a face value of 100,000 will be:
= to 100.000
> 100,000
< 100.000
depends on the maturity date of the bonds
= to 100.000
> 100,000
< 100.000
depends on the maturity date of the bonds