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Suppose You Buy a Bond with a Face Value of $1,000

question 29

Multiple Choice

Suppose you buy a bond with a face value of $1,000 for $800. What is the interest rate you receive on the bond?


Definitions:

Equivalent

Equal in value, amount, function, meaning, or the like.

Ampicillin

A broad-spectrum penicillin antibiotic used to treat various infections caused by susceptible types of bacteria.

Capsule

A small, soluble container usually made of gelatin that encloses a dose of medication for oral administration.

Tablespoon

A unit of measure used in cooking, equal to three teaspoons or approximately 15 milliliters.

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