The Interest Rate for a $1,000 Bond Is 6 Percent

question 51

Multiple Choice

The interest rate for a $1,000 bond is 6 percent. If comparable bonds are paying 8 percent, what is the approximate market value for of the 6 percent bond?

• A) $1,000
• B) $800
• C) $750
• D) $600
• E) $500

---

Definitions:

Set Screws

Fasteners designed to pass through a threaded hole in one object to tighten against another, securing them together without protruding from the surface.

International Organization for Standardization

An independent, non-governmental international organization that develops standards to ensure quality, safety, and efficiency of products, services, and systems.

ISO

International Organization for Standardization, an international standard-setting body composed of representatives from various national standards organizations.

Stud

A type of fastener or fixed projection that is often threaded and used to secure objects or as a mounting point.