单选题 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?
【正确答案】 C
【答案解析】N=20, I/Y =9, PMT=100(0.10×1000), FV=1000, CPT PV=1091.