问题
单项选择题
An investor owns an annual-pay bond that matures in five years with a 5% COUpon rate and a $1000 face value. If the discount rate is 8%, the value of the bond is closest to:()
A. $878
B. $880
C. $1081
答案
参考答案:B
解析:
N=5,I/Y=8,PMT=1000×5%=50,FV=1000,CPTPV=-880($)。