Use the Table for the Question(s)below

question 65

Multiple Choice

Use the table for the question(s) below.
Consider the following yields to maturity on various one-year zero-coupon securities:
-The price (expressed as a percentage of the face value) of a one-year,zero-coupon corporate bond with a BBB rating is closest to:

• A)95.60.
• B)94.16.
• C)95.42.
• D)94.70.

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Definitions:

International Gold Standard

A monetary system in which the standard economic unit of account is based on a fixed quantity of gold, facilitating international trade and investment.

Exports

Products or services traded or sold from one nation to another.

Imports

Purchased goods or services brought into one country from another.

Financial Account

A component of the balance of payments that records transactions of financial assets between a country and the rest of the world.