# Calculate Current Selling Price Of A Bond

Question

A 10-year Treasury bond with a \$1,000 par value has a 12% coupon and pay interest every 6 months. The bond is three years old and has just made its sixth payment. If interest rates fell to 8%, what would price would these bonds sell at?

A. \$1,208.25

B. \$1,250.51

C. \$1,211.26

D. \$1,271.81

Summary

The question belongs to Finance and it is about calculation of current selling price of a bond.

Total Word Count 69

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