Jia Hua Enterprises Wants to Issue Sixty 20-Year, $1,000 Par

question 154

Multiple Choice

Jia Hua Enterprises wants to issue sixty 20-year, $1,000 par value, zero-coupon bonds. If each bond is priced to yield 7 percent, how much will Jia Hua receive (ignoring issuance costs) when the bonds are first sold?

• A) $11,212
• B) $12,393
• C) $15,505
• D) $18,880

---

Definitions:

Terrorist Tragedy

A devastating event caused by acts of terrorism, leading to loss of life, injury, and psychological trauma among individuals and communities.

Statistically

Pertains to or based on the principles of statistics, often used in analysis to represent data or trends numerically.

Scheduled Flight

A flight that operates on a regular, published schedule, with specific times for departure and arrival.

Car Accidents

Unplanned events involving vehicles on the road that result in damage, injury, or loss of life.