Add: 9.003 + 86.44 + 1.342

question 55

Multiple Choice

Add: 9.003 + 86.44 + 1.342

• A) 96.785
• B) 86.584
• C) 95.684
• D) 96.897
• E) 96.895

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Definitions:

Corporate Bond

A debt security issued by a corporation and sold to investors, paying fixed interest over its lifetime and repaying the principal at the bond’s maturity date.

Tax-Exempt

Financial earnings or transactions that are free from taxation.

Tax Bracket

The range of incomes taxed at particular rates, which increases progressively with higher earnings.

Corporate Bond

A type of debt security issued by corporations to raise capital, with the promise to repay the principal along with interest on specified dates.