Prior to its maturity date, the price of a zero-coupon bond is its coupon rate.

A corporate bond makes payments of $15 every quarter for 10 years with a final payment of $2 015. Which of the following best describes this bond?

Bianca holds a bond with a face value of $10 000, a coupon rate of 8%, and quarterly payments that matures on 15/01/2022. How much will Bianca receive on 15/01/2022?

Jiani is a vintner, and is deciding when to release a vintage of Pinot Noir.  If it is bottled and released now, the wine will be worth $1.2 million. If it is barrel-aged for a further year, it will be worth 20% more, though there will be additional costs of $200 000. If the interest rate is 7%, what is the difference in the benefit Jiani will realise if she releases the wine after barrel-aging it for one year or if he releases the wine now?

Admond has asked for your help with an investment he has. What is the present value (PV) of his investment that will pay $360 in one year's time, and $360 every year after that, when the interest rate is 5%?

On the day Vince was born, his parents put $2 000 into an investment account that promises to pay a fixed interest rate of 6% per year. How much money will Vince have in this account when he turns 21?

How much will each coupon payment be of a 10-year $750 bond with an 8% coupon rate and semi annual payments?

Suppose Eric invests $2 000 into a managed fund that is expected to earn an annual rate of return of 8%. The amount of money Eric will have in ten years is closest to which of the following? The amount Eric will have in 50 years is closest to which of the following?

If $20 000 is invested at 8% per year, in approximately how many years will the investment double?

Which of the following would be considered an upstream cost.