Suppose That You Have a Bond That Has a Par

question 48

Multiple Choice

Suppose that you have a bond that has a par value of $1,000 and a coupon interest rate of 9%.Its current price is $950 and it will mature in 7 years.What is the yield to maturity?

• A)8.45%
• B)9.00%
• C)10.03%
• D)10.23%

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Definitions:

Deviance

Deviance refers to behaviors or actions that violate social norms or values in a given society.

Determined Behavior

Behavior that is seen as controlled or dictated by internal or external factors, leaving little to no choice for the individual.

Observable Object

An object or phenomenon that can be perceived or noticed through the senses or scientific instruments.

Deviance

Behaviors or actions that violate social norms and expectations, which can range from minor to serious transgressions.