Given the Yield on a 3-Year Zero-Coupon Bond Is 7

question 7

Multiple Choice

Given the yield on a 3-year zero-coupon bond is 7% and forward rates of 6% in year 1 and 6.5% in year 2, what must be the forward rate in year 3?

• A) 7.2%
• B) 8.6%
• C) 8.5%
• D) 6.9%

Understand the concept of self-image and its importance in Horney's theory.

Appreciate the influence of personal and professional experiences on Horney's theoretical development.

Understand the coping mechanisms described by Horney for dealing with basic anxiety.

Identify Horney's personality types and their characteristics.

---

Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex, rephrased from employment context to a general context.

Physical Strength

The measure of muscle power and endurance that an individual possesses or can exert.

Discriminate

Favoring or discriminating against someone or something based on their association with a specific group, class, or category, instead of evaluating them on their own merits.

Merit

Merit refers to the quality of being particularly good or worthy, especially so as to deserve praise or reward.