If You Own a $1000 Face Value Bond with One

question 137

Multiple Choice

If you own a $1000 face value bond with one year remaining to maturity and a 3 per cent interest rate, and new bonds are paying 14 per cent, what is the most you can get for your old bond?

• A)$903.51
• B)$997.19
• C)$1000
• D)$1140

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Definitions:

Isomer

Molecules that share the same chemical formula but have different arrangements of atoms in space, resulting in different properties.

Stereoteoisomer

Molecules that have the same molecular formula and sequence of bonded atoms but differ in the 3D orientations of their atoms in space.

Illegal Drugs

Substances whose manufacture, possession, or use is prohibited by law.

Human Brain

The central organ of the human nervous system, responsible for thought, memory, emotion, touch, motor skills, vision, respiration, temperature control, and other functions.