The Following Information for a Bond Having No Expiration Date

question 28

Multiple Choice

The following information for a bond having no expiration date: bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10 percent.Refer to the above information.If the price of this bond increases to $1,250, the interest rate in effect will:

• A)fall to 9 percent.
• B)fall to 8 percent.
• C)rise to 11 percent.
• D)rise to 12 percent.

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Definitions:

Personal Area

Refers to a space, often in the context of Personal Area Networks (PANs), that surrounds a person with the capability to connect and communicate wirelessly with various devices.

Query Language

A computer language used to make queries or requests for data within databases and information systems.

SQL

Stands for Structured Query Language, a standardized programming language used for managing and manipulating relational databases.

Cardinality

In database design, it refers to the uniqueness of data values contained in a particular column (attribute) of a database table.