Exhibit 11-1
USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT

Exhibit 11-1
USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT PROBLEM(S) $\begin{array}{ccccccccc}& & & &&&&& \text { Est } \$ \\& & & & \text { Last } & \text { Last } & \text { EST } && \mathrm{Vol} \\\text { Company } & \text { Ticker } & \text { Coupon } & \text { Maturity } & \text { Price } & \text { Yield } & \text { Spread } & \text { UST } & (000 ' s) \\\hline \text { Gen Elec } & f^{\prime} E^{\prime} & 475 & 9 / 15 / 2014 & 99544 & 4808 &62&10& 158736\end{array}$
-Refer to Exhibit 11-1. What price would you pay in dollars to purchase this bond?

A) $62
B) $9.954
C) $48.08
D) $99.544
E) $995.44

Correct Answer:

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