P1-PS-Q12

[Philosophia]

12. 1845-!-item-!-187;#058&002416

Last year a certain bond with a face value of $5,000 yielded 8 percent of its face value in interest. If that interest was approximately 6.5 percent of the bond's selling price, approximately what was the bond's selling price?

(A) $4,063
(B) $5,325
(C) $5,351
(D) $6,000
(E) $6,154

百思不得其解，沒有講幾年期，又沒說一年幾次，才去年的債券，怎會 selling price 會變成要以6,154買出呢？

可否幫我看一下呢?謝謝!

[Huang Hsin-Yi]

5000*8%=400
X*6.5%=400

[Philosophia]

原來如此！

我把它想成要折現，可又找不到年期，真是想太多了～

謝謝！