Use the Table for the Question(s)below

question 36

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 AAA rating is closest to:

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

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Definitions:

Merger

The combination of two or more companies into a single entity, often with the goal of achieving greater efficiency, market share, or competitiveness.

Consolidation

The process of combining multiple accounts or businesses into a single entity, often for strategic, financial, or operational efficiency reasons.

Appraisal Rights

Entitlement of a corporation's minority shareholders to have their shares appraised and to receive compensation at a fair market value in the event of certain corporate actions.

Acquires

The act of obtaining ownership or control over assets, properties, or companies, often through purchase or merger.