Consider a Zero-Coupon Bond with a $1000 Face Value and Ten

question 67

Multiple Choice

Consider a zero-coupon bond with a $1000 face value and ten years left until maturity.If the bond is currently trading for $459,then the yield to maturity on this bond is closest to:

• A)7.5%
• B)10.4%
• C)9.7%
• D)8.1%

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Definitions:

Client Improvement

The progress or positive change in a client's condition or behavior as a result of therapeutic interventions or services.

Commitment Talk

Dialogues in motivational interviewing aimed at strengthening the client's motivation and commitment to change.

Motivational Interviewing

A counseling approach that helps people find the motivation to make positive changes in their lives.

Change Talk

Conversational expressions indicating a person's openness or consideration toward changing a behavior or thought pattern.