Use the Following Bond Quotes to Answer This Question -
the Alpha Industrial Bonds Pay an Annual Interest Payment

question 42

Multiple Choice

Use the following bond quotes to answer this question:
$\begin{array}{lrr}\text { Issuer Name}& \text {Coupon }&\text {Maturity}&\text { High }&\text {Low } &\text { Last}&\text { Change }\\ \text { Alpha } &5.875& \text {Apr 2010 }&99.823&98.667&99.402&+.008\\ \text { Industrial } &\\ \text { Beta Movers } &7.120& \text {May 2036}&103.407&100.013&103.354&+.010 \\\end{array}$


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The Alpha Industrial bonds pay an annual interest payment equal to 5.875 percent of:

• A)$999.90.
• B)$1,000.00.
• C)$1,000.13.
• D)$1,033.54.
• E)$1,034.07.

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Definitions:

Loyalty

The quality of being faithful or committed to a brand, company, or product, often resulting from customer satisfaction.

Dodge Technique

A strategy used in discussions or negotiations to avoid directly answering a question or addressing a challenging issue.

Objection

A reason or argument presented in opposition to a suggestion, claim, or action; in sales, refers to potential concerns or hesitations raised by a prospect.

Price/Value Formula

A concept in marketing that compares the cost of a product to its perceived value to the buyer, influencing the purchase decision.