Use the Figure for the Question(s) Below

question 22

Multiple Choice

Use the figure for the question(s) below.
-A risk-free, zero-coupon bond with a $5000 face value has 15 years to maturity. The bond currently trades at $3750. What is the yield to maturity of this bond?

• A) 1.936%
• B) 0.968%
• C) 62.500%
• D) 75.000%

---

Definitions:

Morally Reprehensible

Behavior that is considered ethically wrong and strongly disapproved by society.

Dismissal

The act of terminating an employee's position, often due to misconduct, inadequacy, or sometimes organizational restructuring.

Rental Car Company

A business that offers automobiles for rent to the public for short periods.

Damages

A monetary compensation awarded by a court to a person who has suffered loss or injury due to the unlawful act or negligence of another party.