What Is the Rate of Return for an Investor Who

question 80

Multiple Choice

What is the rate of return for an investor who pays $1,054.47 for a 3-year bond with coupon of 6.5% and sells the bond 1 year later for $1,037.19?

• A) 4.53%
• B) 5.33%
• C) 5.16%
• D)4.92%

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Definitions:

Gen Y Employees

Another term for Millennials, referring to individuals born between 1981 and 1996, noted for their tech-savviness, value for work-life balance, and preference for meaningful work.

Social Networking

The use of internet-based platforms and websites to build and maintain connections with friends, family, and professional contacts.

Chain Of Command

The hierarchical structure in an organization that outlines authority and responsibility, directing how orders are passed down from top-level management to lower-level employees.

Managing Change

The process of planning, implementing, and monitoring changes in organizations to improve efficiency or effectiveness.