What Is the Approximate Market Value for a $1,000 Corporate

question 87

Multiple Choice

What is the approximate market value for a $1,000 corporate bond that pays 8 percent interest when comparable bonds are paying 9 percent interest?

• A)$80
• B)$90
• C)$889
• D)$1,000
• E)$1,125

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Definitions:

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Medicinal substances used to treat bacterial infections by either killing bacteria directly or inhibiting their growth.

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A long-chain polymer of N-acetylglucosamine, a derivative of glucose, forming a hard, protective exoskeleton in arthropods and cell walls of some fungi.

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