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Use the following information to answer the question(s) below.
Suppose the current zero-coupon yield curve for risk-free bonds is as follows:
-The price per $100 face value of a three-year,zero-coupon,risk-free bond is closest to:
Florescent Light
An energy-efficient lighting device using mercury vapor to emit UV light, which then causes a phosphorescent coating to glow.
Ballast Resistor
An electrical resistor used to limit the current flowing through circuits, often found in ignition systems to protect components from overcurrent.
Instrument Cluster Unit
The assembly of gauges and warning indicators located on a vehicle's dashboard, providing essential information to the driver.
DMM
Digital Multimeter, a test tool used to measure two or more electrical values—principally voltage (volts), current (amps), and resistance (ohms).
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