If the Yield to Maturity Is 5

question 137

Multiple Choice

If the yield to maturity is 5.5%,what is the price of a 15-year,zero-coupon bond with a par value of $1,000?

• A)$413.35
• B)$429.48
• C)$447.93
• D)$469.72

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Definitions:

True Obedience

The genuine compliance with commands or demands from an authority figure, often studied in the context of social psychology.

Compliance

The act of agreeing with or obeying a request, command, or set of standards.

Reference Groups

Social groups that individuals compare themselves to for the purpose of evaluating their own behaviors, attitudes, and beliefs.

Behavioural Change

A modification in an individual's actions, attitudes, or behaviors due to various factors like intervention or therapy.