A STRIPS Matures in 6 Years,has a Face Value of $17,000,and

question 91

Multiple Choice

A STRIPS matures in 6 years,has a face value of $17,000,and has a yield to maturity of 4.8 percent.What is the price?

• A)$10,854.59
• B)$11,010.43
• C)$11,284.75
• D)$11,322.01
• E)$12,789.38

---

Definitions:

Superstitious Responding

A behavioral phenomenon where an individual develops a belief or practice around cause and effect relationships that are not logically connected.

Spontaneous Recovery

Spontaneous recovery is a term in psychology referring to the reappearance of a previously extinguished conditioned response after a pause.

Reconditioning

The process of rebuilding physical strength and conditioning through specific exercises after a period of inactivity, illness, or injury.

Stimulus Generalization

The process by which a response conditioned to a specific stimulus becomes triggered by stimuli that are similar but not identical to the original stimulus.