# Question

Use information from Table 15.5.

a. What is the price of a bond that pays one unit of the S&P index in 2 years?

b. What quarterly dollar coupon is required if the bond is to sell at par?

c. What quarterly payment of fractional units of the S&P index is required if the bond is to sell at par?

a. What is the price of a bond that pays one unit of the S&P index in 2 years?

b. What quarterly dollar coupon is required if the bond is to sell at par?

c. What quarterly payment of fractional units of the S&P index is required if the bond is to sell at par?

## Answer to relevant Questions

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