Rosita Purchased a Bond for $989 That Had a 7

question 13

Multiple Choice

Rosita purchased a bond for $989 that had a 7% coupon and semiannual interest payments.She sold the bond after 6 months and earned a total return of 4.8% on this investment.At what price,did she sell the bond?

• A) $1,001.47
• B) $974.28
• C) $981.06
• D) $1,003.18

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Definitions:

Insecticides

Chemical substances used to kill or control insects, protecting plants from pests and diseases, but potentially affecting non-target species and the environment.

Pesticides

Chemical substances used to eliminate or control pests, including insects, weeds, and diseases, in agricultural and residential settings.

Imported Food

Food products that are produced in one country and then transported and sold in another, often raising concerns about food miles and sustainability.

Genetic Mutations

Changes in the nucleotide sequence of the genetic material of an organism, which can result in variation within the population and can be heritable.