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

question 6

Multiple Choice

What is the current yield for a $1,000 corporate bond that pays 7 percent and has a current market value of $800?

• A)7 percent
• B)7.5 percent
• C)8.00 percent
• D)8.75 percent
• E)10 percent

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Definitions:

Cohesive Work Groups

Teams whose members work well together, creating a unified and supportive environment that fosters productivity and positive relations.

Turnover

The speed at which workers depart from an organization and new workers take their place.

Intrinsic Motivation

Motivation driven by an interest or enjoyment in the task itself, rather than external factors like rewards.

Homogeneous Makeup

A composition characterized by similarity, uniformity, or being of the same kind or nature.