Use the Information to Answer the Question(s)below

question 54

Multiple Choice

Use the information to answer the question(s) below.
-Shown above is information from FINRA regarding one of Caterpillar Financial Services' bonds.How much would the holder of such a bond earn each coupon payment for each $100 in face value if coupons are paid annually?

• A)$1.38
• B)$3.95
• C)$4.00
• D)$4.36
• E)$5.17

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Definitions:

Phosphoric Acid

A colorless, odorless phosphorus-containing inorganic acid, commonly used in food processing, dentistry, and to acidify beverages.

Scatterplot

A scatterplot is a type of graph used in statistics to visually display and assess the relationship between two numerical variables by plotting data points on a Cartesian plane.

Acidity

A chemical property that quantifies the level of acidic compounds in a substance, often influencing taste and reactivity.

Scatterplot

A scatterplot is a type of graph used in statistics to display values for typically two variables for a set of data, showing the relationship between them.