The Interest Rate for a $1,000 Bond Is 6 Percent

question 94

Multiple Choice

The interest rate for a $1,000 bond is 6 percent.If comparable bonds are paying 8 percent, what is the approximate market value for the 6 percent bond?

• A)$1,000
• B)$800
• C)$750
• D)$600
• E)$500

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Definitions:

Repetitive Process

A product-oriented production process that uses modules.