Use the Following Information to Answer the Question(s)below

question 25

Multiple Choice

Use the following information to answer the question(s) below.
-The price today of a two-year default-free security with a face value of $1000 and an annual coupon rate of 5% is closest to:

• A)$1002.78.
• B)$1003.31.
• C)$1028.50.
• D)$1028.61.

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Definitions:

Ethical Decision Making

Conducting evaluations and making decisions between alternatives that comply with moral values.

Leadership

The action of leading a group of people or an organization, or the ability to do this, which involves guiding, directing, and influencing others.

Organizations

Groups of people who work together and coordinate their actions to achieve a wide variety of goals or desired outcomes.

Recognize

To acknowledge or take notice of someone or something as being valid or important.