Solve the Equation for X $\left| \begin{array} { r r r } 0 & 0 & x \\ - 4 & x & - 4 \\ 1 & 1 & x \end{array} \right| = 4$

question 115

Multiple Choice

Solve the equation for x.
- $\left| \begin{array} { r r r } 0 & 0 & x \\ - 4 & x & - 4 \\ 1 & 1 & x \end{array} \right| = 4$

• A) \(\{ 5 \}\)
• B) \(\{ 2 \}\)
• C) \(\{ - 2 \}\)
• D) \(\varnothing\)

Analyze the relationship between bond prices, interest rates, and maturity.

Develop proficiency with financial calculators or software for computing bond yields.

Understand the effect of maturity on bond yields.

Gain insight into real-world bond investment scenarios through application problems.

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