问题
单项选择题
What value would an investor place on a 20 - year, $1000 face value, 10 percent annual coupon bond, if the investor required a 9 percent rate of return（）
A. $879.
B. $920.
C. $1091.
答案
参考答案：C
解析：
N=20, I/Y =9, PMT=100(0.10×1000), FV=1000, CPT PV=1091.