单选题 Value a semi-annual, 8 percent coupon bond with a $1000 face value if similar bonds are now yielding 10 percent? The bond has 10 years to maturity.

A、

A. $ 875.38.
B、

B. $ 1000.00.
C、

C. $ 1373.87.

【正确答案】 A

【答案解析】Using the financial calculator: N=10×2=20; PMT=$ 80/2=$40; I/Y=10/2=5%; FV=$1000; CPT PV=$ 875.38.