Zencorp Issues a Bond with an Initial Amount of $8000

question 21

Multiple Choice

Zencorp issues a bond with an initial amount of $8000 and a maturity date of 12 years at an interest rate of 7% per annum. Given this scenario, which of the following statements is true?

• A) Zencorp is due to repay $8000 by the end of 12 years.
• B) Zencorp will not be charged the required interest before 12 years.
• C) Zencorp will not be allowed to purchase any more bonds for the next 12 years.
• D) Zencorp is due to receive double the initial amount at the end of the maturity date.

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Definitions:

Adaptive

Capable of being modified in response to changing conditions or environments, often used in the context of learning and development.

Intermittent Schedule

A reinforcement schedule in which rewards or punishments (reinforcements) are given out at irregular intervals.

Reinforcement

Reinforcement is a concept in behavioral psychology where a behavior is strengthened or increased by a consequence that follows it.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response.