The Beta Co

question 33

Multiple Choice

The Beta Co.bonds have a maturity of 13 years,a face value of $1,000,a coupon rate of 6.5 percent,and pay interest annually.What is the percentage change in the price of these bonds if the market yield rises to 6.9 percent from its current level of 6.5 percent?

• A)-3.40%
• B)-3.36%
• C)3)40%
• D)3)36%
• E)-4.13%

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Definitions:

Swift Meat Company

A historic American corporation involved in the meat packing industry, now part of JBS S.A.

Market Segment

A subgroup of individuals or organizations sharing one or more characteristics that cause them to have similar product or service needs.

Media Habits

Patterns or behaviors exhibited by individuals regarding their consumption of different media channels, such as television, radio, internet, and print.

College Students

Individuals enrolled in institutions of higher education to pursue degrees or certifications.