问题
单项选择题
An investor gathered the following information on three zero-coupon bonds: 1 - year, $600 par, zero-coupon bond valued at $571 2 - year, $600 par, zero-coupon bond valued at $544 3 - year, $10600 par, zero-coupon bond valued at $8901 Given the above information, how much should an investor pay tbr a $10000 par, 3 - year, 6 percent, annual-pay coupon bond（）
A. $10000.
B. $10600.
C. $10016.
答案
参考答案：C
解析：
A coupon bond can be viewed simply as a portfolio of zero-coupon bonds. The value of the coupon bond should simply be the summation of the present values of the three zero-coupon bonds. Hence, the value of the 3-year annual-pay bond should be $10016(571+544+8901).