A University Issues a Bond with a Face Value of $5000

question 26

Multiple Choice

A university issues a bond with a face value of $5000 and a coupon rate of 4.41% that matures on July 15, 2018. The holder of such a bond receives coupon payments of $110.25. How frequently are coupon payments made in this case?

• A) monthly
• B) quarterly
• C) semiannually
• D) annually

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Definitions:

Downward Social Mobility

The movement of an individual, social object, or group to a lower status, typically measured by changes in wealth, occupation, education, or health.

Perceived Similarity

The extent to which individuals believe they share common traits, values, or beliefs with others.

Control

The power to influence or direct people's behavior or the course of events.

Aggressive Behavior

Actions intended to cause harm or assert dominance over another, which can be verbal, physical, or non-verbal.