2. A bond was issued at a par value of OMR100 and is due to mature in five years. It pays 8% interest per annum and is currently trading at OMR105. What is the face value of the bond? A. OMR105 B. OMR140 C. OMR 108 D. OMR100

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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2. A bond was issued at a par value of OMR100 and is
due to mature in five years. It pays 8% interest per
annum and is currently trading at OMR105. What is
the face value of the bond?
A. ΟMR1 05
В. ОMR140
C. OMR 108
D. OMR100
Transcribed Image Text:2. A bond was issued at a par value of OMR100 and is due to mature in five years. It pays 8% interest per annum and is currently trading at OMR105. What is the face value of the bond? A. ΟMR1 05 В. ОMR140 C. OMR 108 D. OMR100
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