The Yield to Maturity on a Consol Bond That Pays

question 92

Multiple Choice

The yield to maturity on a consol bond that pays $200 yearly and sells for $1000 is

• A) 5 percent.
• B) 10 percent.
• C) 20 percent.
• D) 25 percent.

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Definitions:

Conversion

Conversion involves changing something from one form or use to another, such as converting a residential building into a commercial space or changing currencies.

Trespass To Personal Property

The unlawful taking or harming of another’s personal property; interference with another’s right to the exclusive possession of his or her personal property.

Textbook

A book containing detailed information on a particular subject, typically used as a study aid in educational institutions.

False Imprisonment

The unlawful restraint of an individual's freedom of movement without legal authority.