If the Edins Company Has a 7 3/4% Bond That

question 116

Multiple Choice

If the Edins Company has a 7 3/4% bond that matures in 20 years, what will be its value if the yield to maturity is 6 percent?

• A)$1,888.91
• B)$1,200.71
• C)$1,202.25
• D)$1,077.50

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Definitions:

Intellectual Disability

A disability characterized by significant limitations in both intellectual functioning and in adaptive behavior, which covers a range of everyday social and practical skills.

Flynn Effect

The observed substantial and long-term increase in both fluid and crystallized intelligence test scores measured in many parts of the world over the 20th century.

Savant Syndrome

A condition in which a person with significant mental disabilities demonstrates certain abilities far in excess of average.

Flynn Effect

The Flynn Effect describes the observed rise over time in standardized intelligence test scores, suggesting that average IQ scores increase from one generation to the next.