单选题 Which one of the following alternatives represents the correct series of payments made by a typical 6 percent U. S. Treasury note with a par value of $100000 issued today with five years to maturity ? Number and size of each intermediate payment Payment made at maturity ①A. 9 semiannual payments of $3000 $100000 ②B. 4 annual payments of $6000 $106000 ③C. 9 semiannual payments of $3000 $103000 A. ①B. ②C. ③

【正确答案】 C

【答案解析】Payments for U. S. Treasury bonds and notes are semiannual and are fixed for the life of each bond or note. The coupon rate is quoted on an annual basis but each payment is made on the basis of one half the annual rate multiplied by the maturity or par value.