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Kimberly has a $2000 bond with a 4,5% coupon. The yield of the bond is 4.7%. What is the bid price for the bond? O O A. $1915.00 B. $1900.00 O C. $1950.00 O D. $1965.00

Kimberly has a $2000 bond with a 4,5% coupon. The yield of the bond is 4.7%. What is the bid price for the bond? O O A. $1915.00 B. $1900.00 O C. $1950.00 O D. $1965.00
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Kimberly has a $2000 bond with a 4,5% coupon. The yield of the bond is 4.7%.

What is the bid price for the bond?
O
O
A. $1915.00
B. $1900.00
O
C. $1950.00
O
D. $1965.00

asked
User Rodrigosimoesrosa
by
7.7k points

1 Answer

2 votes

Answer:1915.00

Explanation:

answered
User Mahakaal
by
7.8k points
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