Q 66

Use the following information to answer the question(s)below.
-The price today of a two-year default-free security with a face value of $1000 and an annual coupon rate of 5% is closest to:
A)$1002.78.
B)$1003.31.
C)$1028.50.
D)$1028.61.

Q 68

A default-free security has an annual coupon rate of 3.25% and sells for par.This bond will mature in:
A)1 year.
B)2 years.
C)3 years.
D)4 years.

Q 69

Consider a five-year,default-free bond with an annual coupon rate of 5% and a face value of $1000.The YTM on this bond is closest to:
A)3.85%.
B)4.20%.
C)4.35%.
D)4.40%.