A $75,000 Face Value STRIPS Is Quoted at 95

question 52

Multiple Choice

A $75,000 face value STRIPS is quoted at 95.100. What is the dollar price?

• A)$71,067.50
• B)$71,150.00
• C)$71,215.00
• D)$71,277.78
• E)$71,325.00

---

Definitions:

Encourage

means to inspire with courage, spirit, or confidence, motivating someone to take a desired action or continue doing something.

Interviewee

A person who answers questions during an interview, often for a job position, research study, or media publication.

Compassionate Leave

Time off granted to employees due to a family emergency, bereavement, or other significant personal issues, acknowledging their need for time to cope.

Major Client Meeting

A significant gathering between service providers or sellers and their key clients to discuss business matters, progress, or negotiation.