A $100 000 Bond Has a Term to Maturity of Two

question 41

Multiple Choice

A $100 000 bond has a term to maturity of two years,with half-yearly coupons set at 4% p.a.Calculate the duration of the bond in periods if the yield is 5%.

• A) \( 3.714 \)
• B) \( 3.886 \)
• C) \( 3.827 \)
• D) \( 3.831 \)

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Definitions:

Independent Attitude

Characterized by self-reliance and the tendency to form opinions and take actions based on one's own judgment.

Social-cognitive

A theoretical perspective that emphasizes the role of cognitive processes in understanding social behavior.

Trait

A stable characteristic or quality that describes a person's behavior or personality.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors and thoughts.