Use the Table for the Question(s)below

question 63

Multiple Choice

Use the table for the question(s) below.
Consider the following zero-coupon yields on default-free securities:
-The price today of a 3-year default-free security with a face value of $1000 and an annual coupon rate of 6% is closest to:

• A)$1000.
• B)$1021.
• C)$1013.
• D)$1005.

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Definitions:

End-User Needs

The requirements and goals of the final user of a product or service, essential for designing effective solutions.

NewSQL

NewSQL is a class of modern relational database management systems that seeks to provide the scalability of NoSQL systems with the ACID guarantees of a traditional database.

Relational Database Management System

A database management system that is based on the relational model, where data is stored in tables and the relationship between data is also maintained in tables.

OLTP

Online Transaction Processing (OLTP) refers to a class of systems that facilitate and manage transaction-oriented applications, typically for data entry and retrieval transaction processing.