财务管理 CAPTER 7.docVIP

CHAPTER 7 Interest Rates and Bond Valuation II. CONCEPTS BOND FEATURES d 36. A bond with a 7 percent coupon that pays interest semi-annually and is priced at par will have a market price of _____ and interest payments in the amount of _____ each. a. $1,007; $70 b. $1,070; $35 c. $1,070; $70 d. $1,000; $35 e. $1,000; $70 BOND PRICES AND YIELDS e 37. All else constant, a bond will sell at _____ when the yield to maturity is _____ the coupon rate. a. a premium; higher than b. a premium; equal to c. at par; higher than d. at par; less than e. a discount; higher than BOND PRICES AND YIEL