The Talliru Company Bond Pays Interest Semi-Annually

question 82

Multiple Choice

The Talliru Company bond pays interest semi-annually.You own eight 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)$254.00
• E)$304.00

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Definitions:

Units

A standard or basic quantity into which an item of supply is divided, issued, or used.

Clothing

Garments and articles worn on the body, typically made from fabric or textiles.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford given their income and the prices of goods and services.

Income

The sum of all a household’s wages, salaries, profits, interest payments, rents, and other forms of earnings in a given period of time. It is a flow measure.