What Is the Approximate Yield to Maturity for a $1,000

question 45

Multiple Choice

What is the approximate yield to maturity for a $1,000 par value bond selling for $1,120 that matures in 6 years and pays 12 percent interest annually?

• A) 8.5 percent
• B) 9.4 percent
• C) 12.0 percent
• D) 13.2 percent

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Definitions:

Deaths Occur

The event of losing life, happening across various contexts including natural, accidental, or intentional circumstances.

Medical Specialty

Refers to a specific branch of medical practice that is focused on a particular group of patients, diseases, skills, or philosophy, such as pediatrics or cardiology.

Cognitive Functions

The mental processes that include thinking, reasoning, problem-solving, perception, and memory.

Vegetative State

A condition where a person is awake but shows no signs of awareness due to severe brain damage.