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

question 19

Multiple Choice

Use the following information to answer the question(s) below.
-The price today of a three-year default-free security with a face value of $1000 and an annual coupon rate of 4% is closest to:

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

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Definitions:

European Christians

Individuals residing in Europe who identify with or practice Christianity, a religion based on the life and teachings of Jesus Christ.

Civil Rights Activists

Individuals who actively work towards ensuring equal political and social rights for people who have been marginalized or discriminated against.

Thunderstorm

A weather phenomenon characterized by the presence of lightning, thunder, heavy rain, and sometimes hail.

Lightning

A sudden electrostatic discharge during a thunderstorm between electrically charged regions of a cloud, between two clouds, or between a cloud and the ground.