The Price of a Bond Having No Expiration Date Is

question 394

Multiple Choice

The price of a bond having no expiration date is originally $8,000 and has a fixed annual interest payment of $800. A fall in the price of the bond by $3,000 will provide a new buyer of the bond an interest rate of

• A) 10 percent.
• B) 12 percent.
• C) 14 percent.
• D) 16 percent.

---

Definitions:

Performance Indicators

Quantifiable metrics used to gauge the effectiveness or success of an activity, process, or organization.

Big Data

Large and complex data sets that require advanced processing systems for analysis, offering insights for decision-making and strategic planning across various fields.

Data Analysis

The process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making.

Data Sources

The origins or providers of data that can be used for analysis or decision-making, including surveys, databases, experiments, or operational systems.