Use the Table for the Question(s)below

question 65

Multiple Choice

Use the table for the question(s) below.
Consider the following yields to maturity on various one-year zero-coupon securities:
-The price (expressed as a percentage of the face value) of a one-year,zero-coupon corporate bond with a BBB rating is closest to:

• A)95.60.
• B)94.16.
• C)95.42.
• D)94.70.

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Definitions:

Decrease

A reduction in size, quantity, or importance of something.

Technological Advancements

Progress in technology which results in new inventions and innovations that can improve the efficiency and productivity of systems.

Worker Productivity

Refers to the amount of goods and services that a worker produces in a given amount of time.

Electrical Problems

Issues related to the generation, distribution, and use of electrical power, including faults in electrical circuits, equipment, or appliances.