Use the Following Bond Quotes to Answer This Question

question 75

Multiple Choice

Use the following bond quotes to answer this question:

-The Zeus Company bond pays interest semi-annually.You own six of these bonds.What is the amount you will receive as your next interest payment?

• A) $76.00
• B) $228.00
• C) $190.00
• D) $247.50
• E) $304.00

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Definitions:

Gambling

The wagering of money or something of value on an event with an uncertain outcome, with the intent of winning additional money or goods.

Entrepreneurship

The act of creating, founding, and running a new business, often starting with a new idea, product, or service.

Programs in Entrepreneurship

Educational or training initiatives designed to teach individuals the skills and knowledge necessary to start, manage, and grow businesses.

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Institutions of higher education in the United States offering undergraduate, postgraduate, and doctoral programs in various disciplines.