Three $1,000 Face Value,10-Year,noncallable,bonds Have the Same Amount of Risk,hence

question 74

Multiple Choice

Three $1,000 face value,10-year,noncallable,bonds have the same amount of risk,hence their YTMs are equal.Bond 8 has an 8% annual coupon,Bond 10 has a 10% annual coupon,and Bond 12 has a 12% annual coupon.Bond 10 sells at par.Assuming that interest rates remain constant for the next 10 years,which of the following statements is CORRECT?

• A) Bond 8's current yield will increase each year.
• B) Since the bonds have the same YTM,they should all have the same price,and since interest rates are not expected to change,their prices should all remain at their current levels until maturity.
• C) Bond 12 sells at a premium (its price is greater than par),and its price is expected to increase over the next year.
• D) Bond 8 sells at a discount (its price is less than par),and its price is expected to increase over the next year.
• E) Over the next year,Bond 8's price is expected to decrease,Bond 10's price is expected to stay the same,and Bond 12's price is expected to increase.

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Identify networking devices based on their functionality and the OSI model layers they operate on.

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Definitions:

Cycadophyta

A division of gymnosperms that includes cycads, characterized by large compound leaves and a stout trunk.

Pteridophyta

A division of non-flowering plants that includes ferns, horsetails, and whisk ferns, characterized by vascular tissue and the absence of seeds.

Gnetophyta

A division of gymnosperms comprising woody plants with some angiosperm-like features, including the genera Ephedra, Gnetum, and Welwitschia.

Gametophyte

The haploid phase in the life cycle of plants and algae that produces gametes for sexual reproduction.