Kim Back Invested $20,000 One Year in Corporate Bonds

question 95

Multiple Choice

Kim Back invested $20,000 one year in corporate bonds. Each bond sold for $1,000 and earned a coupon payment of $80 each during the year. The price of the bond at the end of the year dropped to $980. Which of the following is Kim's total dollar gain or loss on her investment?

• A) $1,600
• B) −$400
• C) $1,200
• D) $1,000

---

Definitions:

IV Infusion

The delivery of liquid substances directly into a vein, typically for medical treatments or nutrient administration.

Blood Glucose Level

The concentration of glucose present in the blood, significant for monitoring and controlling diabetes.

DA Equation

Without a widely recognized context, "DA Equation" requires more specific information to provide an accurate definition.

NovoLog

A brand-name for insulin aspart, a fast-acting insulin used to control high blood sugar in people with diabetes.