A $40,000 Face Value Bond Matures in 64 Days and Has

question 88

Multiple Choice

A $40,000 face value bond matures in 64 days and has a bank discount yield of 4.5 percent.What is the current value of the bond?

• A)$39,392.19
• B)$39,473.14
• C)$39,486.47
• D)$39,575.39
• E)$39,680.00

---

Definitions:

Analyze

To examine something methodically and in detail, typically for purposes of explanation and interpretation.

Assessment Data

Information collected through various methods to evaluate something or someone, typically used to make informed decisions or diagnoses.

Standards of Care

Agreed-upon clinical guidelines that specify appropriate treatment based on scientific evidence and consensus, aiming to ensure high-quality patient care.

Critical Attitude

A mindset characterized by careful evaluation and judgment, often questioning and analyzing information or situations.