A $40,000 Face Value Bond Matures in 100 Days and Has

question 94

Multiple Choice

A $40,000 face value bond matures in 100 days and has a bank discount yield of 3.86 percent.What is the current value of the bond?

• A) $39,392.19
• B) $39,473.14
• C) $39,486.47
• D) $39,571.11
• E) $39,680.00

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Definitions:

Acute Stress Disorder

An anxiety disorder characterized by the development of severe anxiety, dissociation, and other symptoms that occur within a month after exposure to a traumatic event.

Rape Victims

People who have undergone non-consensual sexual contact or rape.

Torture Victim

An individual who has suffered pain and suffering inflicted upon them, typically in the context of punishment, coercion, or for the purpose of extracting information or a confession.

Psychological

Pertaining to the mind or mental processes and how they affect behavior, emotions, and thought patterns.