Which one of the following alternatives re

问题单项选择题

Which one of the following alternatives represents the correct series of payments made by a typical 6 percent U. S. Treasury note with a par value of $100000 issued today with five years to maturityNumber and size of each intermediate payment Payment made at maturity（）①A. 9 semiannual payments of $3000 $100000 ②B. 4 annual payments of $6000$106000 ③C. 9 semiannual payments of $3000 $103000

A. ①

B. ②

C. ③

答案

参考答案：C

解析：

Payments for U. S. Treasury bonds and notes are semiannual and are fixed for the life of each bond or note. The coupon rate is quoted on an annual basis but each payment is made on the basis of one half the annual rate multiplied by the maturity or par value.