A-A+
TiffanyZhengpurchaseda$1 000parvalue 0%couponbondwith16yearstomat
问题详情
TiffanyZhengpurchaseda$1,000parvalue,0%couponbondwith16yearstomaturityoneyearago.TheYTM(semiannuallycompounding)was6.0%.Nowoneyearlater,withmarketratesremainingthesame,Zhengpurchasesanannuitywithasemiannualpaymentof$30for15years.Whichofthefollowinggivestheclosestcombinedvalueofthetwoinvestmentsbasedonthe6%semiannualyield?A.$1,000.
B.$27.83.
C.$29.46.