If You Purchase a 5-Year,zero-Coupon Bond for $691

question 72

Multiple Choice

If you purchase a 5-year,zero-coupon bond for $691.72,how much could it be sold for 3 years later if interest rates have remained stable?

• A) $848.12
• B) $923.50
• C) $862.92
• D) $911.15

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Definitions:

Change Competency

refers to an individual's or organization's ability to effectively manage and adapt to change, ensuring resilience and agility in dynamic environments.

Indra Nooyi

Former CEO of PepsiCo and a highly influential business leader.

PepsiCo

A multinational food, snack, and beverage corporation known for products like Pepsi, Lay's, and Quaker.

Ethics Competency

The ability to understand and apply moral principles and standards to one's behavior and decisions in a work environment.