Use the Following Information to Answer the Question(s)below

question 96

Multiple Choice

Use the following information to answer the question(s) below.Consider the following four corporate bonds that have semiannual compounding:
-Which of these bonds sells at a discount?

• A)#1
• B)#2
• C)#3
• D)#4

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Definitions:

Communist Countries

Nations that follow a system of government based on the principles of communism, where the state controls the means of production.

Capitalist Countries

Nations whose economic systems are characterized by private ownership of property and businesses, with the goal of generating profit.

Command-based Systems

Systems, particularly in computing or governance, where actions and processes are directed through explicit commands from a central authority.

Market-based Systems

Economic systems where decisions regarding investment, production, and distribution are based on supply and demand, and prices are determined in free markets.