A Bond That Pays a Yearly Interest Rate of $100

question 7

Multiple Choice

A bond that pays a yearly interest rate of $100 is for sale. The interest rate was 10 percent and now is 5 percent. The price of the bond was

• A) $1000 and now is $500.
• B) $1000 and now is $2000.
• C) $500 and now is $2000.
• D) $2000 and now is $1000.

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Definitions:

Industrial-Organizational Psychology

A branch of psychology that applies psychological theories and principles to organizations and the workplace to improve productivity, work-life balance, and employee satisfaction.

Workplace Productivity

The measure of efficiency in which tasks and goals are accomplished in a work environment.

Management

The process of dealing with or controlling things or people, often in a professional context.

Self-Esteem

A person's personal assessment of their value, including thoughts and feelings like success, sorrow, dignity, and humiliation.