A Risk-Free,zero-Coupon Bond with a Face Value of $1,000 Has

question 42

Multiple Choice

A risk-free,zero-coupon bond with a face value of $1,000 has 15 years to maturity.If the YTM is 5.8%,which of the following would be closest to the price this bond will trade at?

• A)$721
• B)$686
• C)$525
• D)$429
• E)$397

---

Definitions:

Rites Of Integration

Ceremonial practices within an organization aimed at fostering unity and shared values among members.

Market Culture

An organizational culture focused on competition, achievement, and goal attainment, emphasizing external success and customer satisfaction.

Socialization Process

The means by which individuals learn and internalize the values, norms, and behaviors that are considered appropriate in their society.

Contingency Approach

A management theory that suggests the most appropriate organizational structure or leadership style is dependent on specific external factors.