What Is the Yield on a Very Long-Term Bond with a $500

question 73

Multiple Choice

What is the yield on a very long-term bond with a $500 face value, a coupon of $35, and a current price of $650?

• A)37 percent
• B)35 percent
• C)5.4 percent
• D)7 percent
• E)17.7 percent

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Definitions:

Labour Specialization

The division of labor where individual workers specialize in doing part of a task or job, leading to increased efficiency and productivity.

Specialized Tools

Tools designed for specific tasks or functions, often used to improve efficiency and performance in particular applications.

Labour Costs

Expenses related to compensating employees for their work, including wages, benefits, and any associated taxes.

Equitable Pay

Compensation practices that ensure fair pay for employees based on their role, experience, and performance, regardless of gender, ethnicity, or other irrelevant factors.