What Is the Value of a Bond That Matures in 17

question 69

Multiple Choice

What is the value of a bond that matures in 17 years,makes an annual coupon payment of $50,and has a par value of $1,000? Assume a required rate of return of 5.90%.

• A) $823.48
• B) $856.98
• C) $895.23
• D) $905.02

Comprehend the role of biological and environmental factors in physical fitness and sport participation trends.

Describe the benefits and potential negatives of organized sports for children.

Understand the biological basis and genetic components of ADHD.

Identify treatment strategies and challenges for children with ADHD.

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Definitions:

Fixed-Ratio

A schedule of reinforcement where a response is rewarded only after a specified number of responses, leading to a high and steady rate of response.

Piecework

A type of employment where a worker is paid a fixed rate for each unit produced or action completed, rather than receiving an hourly or annual salary.

Commission

A fee or percentage allowed to a salesperson or agent for services rendered, often a percentage of the sale made.

Payment Method

A way of completing a financial transaction, such as cash, credit card, digital wallet, or bank transfer.