Tony Buys a Bond in the Amount of $500 with a Promised

question 7

Multiple Choice

Tony buys a bond in the amount of $500 with a promised interest rate of 15 percent.If the market interest rate decreases to 5 percent,Tony can sell his bond for up to

• A)$500.
• B)$250.
• C)$1,500.
• D)$1,250.

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Definitions:

Variable Consciousness

Fluctuations in awareness levels, from full alertness to confusion or even unconsciousness, possibly due to neurological conditions.

Bacterial Meningitis

A serious infection of the protective membranes covering the brain and spinal cord, typically caused by bacteria.

White Blood Cell (WBC)

Cells of the immune system that are involved in protecting the body against both infectious disease and foreign invaders.