The National Post Lists a Bond with the Following Information

question 145

Multiple Choice

The National Post lists a bond with the following information: The bond has a closing price of 96.96, a coupon of 6.500, maturity date of May 09/10 and Yld% of 6.51%. Which one of the following statements about this bond is correct?

• A) The closing price of the bond on the prior trading day was $1,096.96.
• B) The bond matures in 2009.
• C) The yield to maturity is 6.51%.
• D) The bond is a premium bond.
• E) Each coupon payment is $70.00.

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Definitions:

Replication Error

Mistakes that occur during the DNA replication process, potentially leading to mutations if not corrected by DNA repair mechanisms.

Permanent Mutation

A change in the DNA sequence that is irreversible and can be passed down to successive generations.

Complementary Strand

The sequence of DNA or RNA that is the precise partner or counterpart to a given DNA or RNA sequence, adhering to base pairing rules.

Template DNA

The strand of DNA that serves as the guide for synthesizing a complementary strand during DNA replication or transcription.