问题
单项选择题
A 15-year, $1000 face value zero-coupon bond is priced to yield a return of 8.00 percent compounded semi-annually. What is the price of the bond, and how much interest will the bond pay over its life, respectively Bond PriceInterest（）①A. $691.68 $308.32 ②B. $610.25 389.75 ③C. $308.32 691.68
A. ①
B. ②
C. ③
答案
参考答案：C
解析：
Using an equation : Price zero - coupon = Face Value×[1/(1+i/n)n×2] Here, Price zero - coupon = 1000/(1+0.080/2)15×2=308.32. So, interest = Face-Price=1000-308.32=691.68. Using the calculator: N=(15×2)=30, I/Y=8.00/2=4.00, FV=1000, PMT=0. PV=-308.32. Again, Face -Price =1000-308.32=691.68.