问题
单项选择题
Which of the following bond price calculations is INCORRECT An investor would pay:()
A. $9684. 38 for a $10000 Treasury note quoted at 96 27/32.
B. $941.00 for a $1000 Treasury bond quoted at 94 10/32.
C. $956.25 for a $1000 corporate bond quoted at 95 20/32.
答案
参考答案:B
解析:
Bond prices are quoted in 32nds. A quote of 94 10/32=94.3125% , for a price of $943.125 for a $1000 Treasury bond. A quote of 96 27/32=96.84, for a price of $9684.38 for a $10000 bond. A quote of 95 20/32=95.625, for a price of $956.25 for a $1000 bond.