A Person Buys a Bond with a Face Value of $10,000

question 56

Multiple Choice

A person buys a bond with a face value of $10,000 for $9,325.Each year until the maturity date the bond buyer receives $750 from the issuer of the bond.The yield on the bond is

• A) 8.04 percent.
• B) 7.5 percent.
• C) 10.0 percent.
• D) 6.75 percent.
• E) There is not enough information to answer the question.

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Definitions:

Mental Impairments

Conditions that disrupt a person's thinking, feeling, mood, ability to relate to others, and daily functioning, often requiring clinical care or intervention.

Rehabilitation

The process of helping an individual return to an optimal level of physical, mental, and social health, especially after injury, addiction, or imprisonment.

Socially Constructed

A concept or perception developed by society through cultural and social practice instead of existing inherently.

Menopause

The natural decline in reproductive hormones when a woman reaches her 40s or 50s, marking the end of the menstrual cycle.