Suppose a Google

question 49

Multiple Choice

Suppose a Google.com bond will pay $4,500 ten years from now.If the going interest rate on safe 10-year bonds is 4.25%, how much is the bond worth today?

• A) $2,819.52
• B) $2,967.92
• C) $3,116.31
• D) $3,272.13
• E) $3,435.74

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Definitions:

Alphabet

Alphabet is a set of letters or symbols in a fixed order used to represent the basic sounds of a spoken language.

Cognitive Development

The study and description of how a person's thought processes develop from childhood through adulthood.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is the main constituent of Earth's hydrosphere and the fluids of most living organisms.

Glass

A hard, brittle, transparent solid material made by cooling melted ingredients such as silica, often used in windows, bottles, and many other applications.