单选题 An investor plans to buy a 10-year, $1000 par value, 8 percent semiannual coupon bond. If the yield to maturity of the bond is 9 percent, the bond's value is:
【正确答案】 A
【答案解析】N=20, I=9/2=4.5, PMT=80/2=40, FV=1000, CFF PV=$934.96.