A 3-Year Zero Coupon Bond with a 12 Per Cent

question 55

Multiple Choice

A 3-year zero coupon bond with a 12 per cent yield has a duration of:

• A)3 years.
• B)2.78 years.
• C)2.50 years.
• D)2 years.

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Definitions:

Voice Recognition Systems

Technology that enables computers and other devices to receive and interpret dictations or understand spoken commands.

Workplace Issues

Problems or challenges that arise in the context of a work environment, possibly affecting employees' performance and well-being.

Distraction

Anything that diverts attention away from the primary task or focus, often leading to a decrease in performance or productivity.

Etiquette

The customary code of polite behavior in society or among members of a particular profession or group.