If a Bond Is Quoted in the Newspaper at 90

question 3

Multiple Choice

If a bond is quoted in the newspaper at 90, what is its price?

• A) $9.00
• B) $90
• C) $900
• D) $1,000
• E) $1,090

---

Definitions:

Wisconsin Card Sorting Test

A neuropsychological test that measures an individual's ability to form abstract concepts and shift problem-solving strategies.

Prefrontal Cortex Injury

Damage to the front part of the brain which can affect personality, decision-making, and social behavior due to the prefrontal cortex's role in executive functions.

Switching Strategies

The process by which individuals or systems change their approach to achieving a goal based on new information or conditions.

Firing Rate

The frequency at which a neuron discharges action potentials or 'fires'.