Two $1,000 par bonds are issued with coupons of 5.2% and 5.4%, respectively. The 20-basis-point difference is:

Two $1,000 par bonds are issued with coupons of 5.2% and 5.4%, respectively. The 20-basis-point difference is:

Two $1,000 par bonds are issued with coupons of 5.2% and 5.4%, respectively. The 20-basis-point difference is:



A) $20.00.

B) $100.00.

C) $2.00.

D) $10.00.



Answer: C) $2.00.


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