Assume That You Can Purchase a 15-Year,$1,000 Face Value Bond

question 81

Multiple Choice

Assume that you can purchase a 15-year,$1,000 face value bond which pays interest on a semiannual basis,for $1,324.23.If the market's effective annual required rate of return is 8.16 percent (or 4 percent semi-annually) ,how much interest does this bond pay each year?

• A) $64.81
• B) $56.37
• C) $117.50
• D) $132.19
• E) $126.48

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Equal Employment Opportunity Commission, a federal agency enforcing laws against workplace discrimination.

Discrimination

Unfair or prejudicial treatment of individuals based on characteristics such as race, gender, age, or sexual orientation.

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A 1932 U.S. federal law that limited the power of federal courts to issue injunctions in non-violent labor disputes, thereby promoting fair labor practices.

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