Use the Following Information to Answer the Question(s)below

question 49

Multiple Choice

Use the following information to answer the question(s) below.
-A default-free security has an annual coupon rate of 3.25% and sells for par.This bond will mature in:

• A)1 year.
• B)2 years.
• C)3 years.
• D)4 years.

---

Definitions:

Disciplinary Action

Measures taken by an authority or employer to correct or punish improper behavior or violations of rules or policies.

Ethics Officer

A role within an organization dedicated to ensuring ethical practices are followed, often responsible for developing and enforcing ethical guidelines.

Auditing

The process of reviewing and inspecting the financial records and operations of an entity to ensure accuracy and compliance with laws and regulations.

Federal Sentencing Guidelines

A set of regulations that determine the sentencing for individuals and organizations convicted of federal crimes, including provisions that reduce penalties for corporations with effective compliance programs.