The Price of a Five-Year,zero-Coupon,default-Free Security with a Face Value

question 52

Multiple Choice

The price of a five-year,zero-coupon,default-free security with a face value of $1000 is closest to:

• A)$754.
• B)$772.
• C)$776.
• D)$791.

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Definitions:

Comparative Negligence

A legal doctrine that allocates damages based on the degree of fault of each party involved in an accident.

Contributory Negligence

A legal doctrine stating that if the plaintiff in a tort law case is found to be partially at fault for the accident, they may be barred from receiving compensation.

Unfounded Claims

Assertions or allegations that lack supporting evidence or basis in fact, often considered to be baseless or false.

Proximate Cause

The primary reason an event occurs that, in a natural and continuous sequence, leads to a legal injury, and without which the injury would not have occurred.