Use the Given Values of N and P to Find $\mu - 2 \sigma \text { and the maximum usual value } \mu + 2 \sigma$

question 78

Multiple Choice

Use the given values of n and p to find the minimum usual value $\mu - 2 \sigma \text { and the maximum usual value } \mu + 2 \sigma$ . Round your answer to the nearest hundredth unless otherwise noted.
- $\mathrm { n } = 269 , \mathrm { p } = \frac { 1 } { 3 }$

• A) Minimum: 81.94; maximum: 97.4
• B) Minimum: 78.73; maximum: 100.6
• C) Minimum: 105.13; maximum: 74.2
• D) Minimum: 74.2; maximum: 105.13

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Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, considering all interest payments and the repayment of principal.

Discount

The reduction applied to the original price of goods or services, often to encourage sales.

Call Premium

The additional amount a bond issuer must pay over the par value if they wish to redeem the bond before its maturity date.

Time To Maturity

The remaining time until a financial instrument, such as a bond, reaches its date of redemption and the principal amount is repaid to investors.