The Following Is a List of Prices for Zero-Coupon Bonds $\begin{array}{cc}\text { Maturity }\\\text { (Years) } & \text { Price } \\1 & \$ 925.15 \\2 & 862.57 \\3 & 788.66 \\4 & 711.00\end{array}$

question 5

Multiple Choice

The following is a list of prices for zero-coupon bonds with different maturities and par values of $1,000. $\begin{array}{cc}\text { Maturity }\\\text { (Years) } & \text { Price } \\1 & \$ 925.15 \\2 & 862.57 \\3 & 788.66 \\4 & 711.00\end{array}$ What is the price of a 4-year maturity bond with a 10% coupon rate paid annually? (Par values = $1,000.)

• A) $742.09
• B) $1,222.09
• C) $1,035.66
• D) $1,141.84

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Definitions:

Dependence Training

A concept in socialization where individuals are taught to rely on others within their community or group, emphasizing interdependence.

Independence Training

The process of teaching individuals, especially children, to perform tasks by themselves and make their own decisions, fostering self-reliance and problem-solving skills.

Socialization Process

Broadly refers to the ongoing experience through which individuals learn and internalize the values, norms, and behaviors that are regarded as appropriate in their society.

National Character Studies

Research aimed at understanding the prevailing personality features, values, and behavioral patterns of a particular nation.