The Yield to Maturity of a One-Year,simple Loan of $400

question 14

Multiple Choice

The yield to maturity of a one-year,simple loan of $400 that requires an interest payment of $50 is

• A) 5 percent.
• B) 8 percent.
• C) 12 percent.
• D) 12.5 percent.

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Definitions:

High in Need

Being high in need refers to an individual's heightened requirement for a specific psychological or physiological factor, such as recognition, achievement, or specific nutrients.

Achievement

Achievement refers to the accomplishment of a goal, task, or challenge through effort, skill, or courage.