A Bond That Matures in One Year Has a $500

question 38

Multiple Choice

A bond that matures in one year has a $500 face value and a $60 coupon What is the price of the bond if the interest rate is 6 percent and the bond was purchased by the present owner for $450?

• A)$103.77
• B)$481.13
• C)$528.30
• D)$500
• E)$1,000

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Definitions:

Explicit Prejudice

Negative attitudes or beliefs that are consciously held and openly expressed towards a group or individual based on characteristics such as race, gender, or ethnicity.

Implicit Prejudice

An unconscious bias or attitude towards a person or group that influences behavior or perceptions without explicit awareness.

Scapegoating

The practice of singling out one person or group for unmerited blame or negative outcomes.

Implicit Prejudice

Unconscious biases or attitudes towards certain groups or individuals, which can affect decisions and actions without explicit awareness.