A Bond Priced at 89 8/32

question 25

Multiple Choice

A bond priced at 89 8/32.What is its price?

• A) $89.25
• B) $890.25
• C) $898.32
• D) $646.50
• E) none of the above

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Definitions:

Social Entrepreneurs

Social entrepreneurs are individuals who start innovative businesses with the primary goal of solving social problems and improving society.

Innovative Solutions

Novel ideas or methods that address existing problems or needs in a unique or more effective way.

Societal Problem

An issue that affects a large number of people within a society, typically requiring collective efforts for resolution.

Entrepreneurship Growth

The expansion and scaling of entrepreneurial activities and businesses, characterized by increased output, innovation, and market share.