Use the Table for the Question(s) Below -The Price (Expressed as a Percentage of the Face Value)

question 76

Multiple Choice

Use the table for the question(s) below.
Consider the following yields to maturity on various one-year zero-coupon securities:
$\begin{array} { l c } \hline \text { Security } & \text { Yield (\%) } \\\hline \text { Treasury } & 4.6 \\\hline \text { AAA corporate } & 4.8 \\\hline \text { BBB corporate } & 5.6 \\\hline \text { B Corporate } & 6.2 \\\hline\end{array}$
-The price (expressed as a percentage of the face value) of a one-year, zero-coupon corporate bond with a AAA rating is closest to:

• A) 95.42
• B) 94.70
• C) 95.60
• D) 94.16

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Definitions:

Protista

A kingdom of diverse eukaryotic organisms, mostly unicellular, that are not animals, plants, or fungi, including algae, amoebas, and paramecia.

Eukaryotic Kingdoms

The classification categories in the biological taxonomy that comprise organisms with complex cells containing a nucleus, including plants, animals, fungi, and protists.

Unicellular

Consisting of a single cell, characteristic of organisms such as bacteria and many algae that perform all life processes within one cell.

Plasmodium Vivax

A species of protozoan parasite responsible for a type of malaria, characterized by recurring fevers and anemia.