A Mortgage Instrument Pays $1

question 13

Multiple Choice

A mortgage instrument pays $1.5 million at the end of each of the next two years. An investor has an alternative investment with the same amount of risk that will pay interest at 8% compounded semiannually. Which of the following amounts is closest to what the investor should pay for the mortgage instrument?

• A) $1,386,834
• B) $1,388,889
• C) $2,674,897
• D) $2,669,041
• E) $3,854,512

Appreciate the ethical considerations involved in using placebos in research and clinical practice.

Comprehend the role of experimental design, such as double-blind studies, in minimizing biases in research outcomes.

Grasp the physiological and psychological mechanisms underlying the placebo effect.

Recognize the impact of treatment appearance and administration form on placebo effectiveness.