Round Off 00507506 to Four Significant Figures

question 40

Multiple Choice

Round off 00507506 to four significant figures.

• A)0051
• B)5076
• C)5100
• D)5.075 × 10⁵

---

Definitions:

Coupon Bonds

Are bonds that pay the holder a fixed interest rate (the coupon) over a specified period, culminating in the return of the bond's face value on the maturity date.

Zero-Coupon Bond

A type of bond that is issued at a discount and does not pay periodic interest payments, only the face value at maturity.

Forward Interest Rate

An interest rate agreed upon now for a loan that will start at a future date, often indicative of market expectations for future interest rates.

Par Value

The nominal or face value of a stock or bond, which is the original value assigned when the security is issued.