You Are Considering Investing in a Security That Will Pay

question 25

Multiple Choice

You are considering investing in a security that will pay you $80 in interest at the end of each of the next 10 years.If this security is currently selling for $588.81,then the IRR for investing in this security is closest to:

• A)6.0%
• B)7.0%
• C)6.5%
• D)5.0%

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Definitions:

Nonrational Parts

Aspects of the human psyche or behavior that are not governed by logic or reason, such as emotions or instincts.

Rational Part

The aspect of the human mind that is responsible for logic, reasoning, and analytical thinking.

Soul

In many religious, philosophical, and mythological traditions, the incorporeal and immortal essence of a living being.

Faith

Belief, trust, and obedience to a religious deity.