Benson Biometrics Inc

question 80

Multiple Choice

Benson Biometrics Inc., has outstanding $1,000 face value 8% coupon bonds that make semiannual payments, and have 14 years remaining to maturity. If the current price for these bonds is $987.24, what is the annualized yield to maturity?

• A) 8.00%
• B) 8.38%
• C) 8.15%
• D) 8.64%

---

Definitions:

Self-esteem

An individual's subjective evaluation of their own worth or value.

SBAR

An acronym for Situation, Background, Assessment, Recommendation; a communication protocol used in healthcare to facilitate prompt and appropriate communication.

Modified Branch

A branch that has undergone changes to serve a specific function other than structural support, such as storage or reproduction.

Spine

A sharp, pointed modified leaf or stem part of a plant that serves as a defense mechanism against herbivores.