Consider a Zero-Coupon Bond with $100 Face Value and 15

question 46

Multiple Choice

Consider a zero-coupon bond with $100 face value and 15 years to maturity. If the YTM is 7.4%, this bond will trade at a price closest to ________.

• A) $41.13
• B) $34.27
• C) $47.98
• D) $54.83

---

Definitions:

Theft and Burglary

Crimes involving the unauthorized taking of property; theft is the broader term, while burglary specifically refers to entering a building unlawfully with intent to commit theft or a felony.

Calorie Counts

Calorie counts refer to the measurement of energy in food and beverages, indicating the amount of energy that can be obtained through consumption.

Marginal Utility

The increase in contentment or utility received from the consumption of another unit of a good or service.

Consumption Behavior

Consumption behavior refers to the decision-making process and patterns through which consumers choose how to allocate their resources towards various goods and services.