How Much Is a Bond Worth If It Pays $55

question 153

Multiple Choice

How much is a bond worth if it pays $55 per year in interest and the market interest rate is 8%?

• A) $440
• B) $687.50
• C) $787.60
• D) $1,250

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Definitions:

Paired Comparisons

A technique used in decision making and evaluation, where options are compared in pairs to judge which is preferable or has greater value.

Job Descriptions

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The process of evaluating and documenting an employee's performance with the aim of increasing individual, group, and organizational effectiveness.