Use the Information to Answer the Question(s) Below

question 108

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

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Definitions:

Repair Process

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Fast Food Restaurant

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Poisson Distribution

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