The Probability That a Standard Normal Variable,Z,falls Between - 1

question 102

True/False

The probability that a standard normal variable,Z,falls between - 1.50 and 0.81 is 0.7242.

---

Definitions:

Yield To Maturity

The total return expected on a bond if held until it matures, including all interest and principal repayments.

Semiannually

Occurring twice a year or every six months.

Present Value

The current assessment of a future cash sum or cash flow streams, discounted at a defined rate of return.

Coupon

The interest payment made to bondholders, typically expressed as an annual percentage of the bond's face value.