Use the Following Information to Answer the Question(s)below

question 46

Multiple Choice

Use the following information to answer the question(s) below.
Suppose you purchase a 20-year treasury bond with a 6% annual coupon ten years ago at par.Today the bond's yield to maturity has risen to 8% (EAR) .
-If you hold this bond to maturity,the internal rate of return you will earn on your investment will be closest to:

• A)5.0%.
• B)5.6%.
• C)6.0%.
• D)8.0%.

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Definitions:

Ultrasonic Sounds

Sounds that have frequencies above the upper limit of human hearing, typically greater than 20,000 Hz.

Music

An art form consisting of sequences of sounds in time, typically employing melody, harmony, rhythm, and timbre.

Pain Relief

The act or an instance of reducing or eliminating discomfort or distress in the body.

Unpleasant Events

Occurrences that cause discomfort, distress, or unhappiness to an individual or group.