Evaluate
- $\left| \begin{array} { r r r } 5 & - 4 & - 4 \\ 2 & - 3 & - 4 \\ - 2 & 4 & 3 \end{array} \right|$

question 33

Multiple Choice

Evaluate.
- $\left| \begin{array} { r r r } 5 & - 4 & - 4 \\ 2 & - 3 & - 4 \\ - 2 & 4 & 3 \end{array} \right|$

• A) \(83\)
• B) \(19\)
• C) \(- 237\)
• D) \(- 19\)

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Definitions:

Redemption

The act of repaying or buying back something, such as redeeming a bond at maturity or a company repurchasing its own shares.

Semiannual Interest

Interest that is calculated and paid twice a year on a loan or investment.

Premium Amortization

Premium amortization is the gradual reduction of the premium paid above the par value of a bond, allocated over the bond's life.

Bond Premium

The amount by which the market price of a bond exceeds its face value, typically occurring when the bond's interest rate is higher than the current market interest rate.