The Following Table Summarizes Prices of Various Default-Free Zero-Coupon Bonds

question 17

Multiple Choice

The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value) : The yield to maturity for the three-year zero-coupon bond is closest to ________.

• A)5.40%
• B)2.70%
• C)10.80%
• D)0.15%

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Definitions:

Item-total Correlation

The relationship between individual item scores and the overall score across all items in a test or questionnaire.

Split-half Reliability

An evaluation of reliability involving splitting a test into two sections and comparing scores from each section to check how consistent the test is.

Cohen's Kappa

A statistical coefficient that measures inter-rater agreement for qualitative (categorical) items.

Interrater Reliability

Refers to the degree of agreement among independent observers or raters evaluating the same phenomenon.