Suppose a Google

question 49

Multiple Choice

Suppose a Google.com bond will pay $4,500 ten years from now.If the going interest rate on safe 10-year bonds is 4.25%, how much is the bond worth today?

• A) $2,819.52
• B) $2,967.92
• C) $3,116.31
• D) $3,272.13
• E) $3,435.74

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Definitions:

Employee Status

The classification of a worker as an employee under law, subject to certain legal rights, duties, and protections.

Degree of Control

The extent to which an individual or entity has the authority or power to manage and direct something or someone.

Details of Work

Specific aspects or tasks associated with a job or project.

Insurance Policies

Contracts between an insurer and a policyholder that outline the terms and conditions under which the insurer agrees to pay compensation for specified losses, damages, illness, or death in return for premiums paid by the policyholder.