What Is the Current Yield for a $1,000 Corporate Bond

question 115

Multiple Choice

What is the current yield for a $1,000 corporate bond that pays 7 percent and has a current market value of $975?

• A)7 percent
• B)7.18 percent
• C)8.33 percent
• D)9 percent
• E)10 percent

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Definitions:

Chronic Hunger

A persistent condition where individuals do not intake sufficient calories for an extended period, leading to long-term health issues and malnutrition.

Migrant Communities

Groups of people who have relocated from one geographical area to another, often forming distinct communities in their new locations.

Assimilation

The process by which a person or a group's language and/or culture come to resemble those of another group, often occurring in multicultural societies.

Cultural Differences

The varying beliefs, behaviors, languages, practices, and expressions considered unique to members of a specific ethnicity, society, or nation.