What Is the Value of a 10 Percent Semi-Annual Coupon

question 18

Multiple Choice

What is the value of a 10 percent semi-annual coupon bond with a par value of $1,000 that matures in 5 years and has a required rate of return of 9 percent?

• A) $1,021.95
• B) $1,038.90
• C) $1,039.56
• D) $1,064.18
• E) $1,078.23

---

Definitions:

Part-Time Employees

Workers who are employed for fewer hours than the standard full-time schedule.

Job Embeddedness

Job embeddedness describes the extent to which an employee is tightly connected to their job and organization through networks, fit with their job and community, and what they would sacrifice if they left.

Organizational Citizenship Behaviors

Voluntary actions by employees that are not part of their formal job requirements but contribute to the effective functioning of the organization.

Job Descriptive Index

A survey instrument that measures employee satisfaction across five dimensions: work, pay, promotions, supervision, and coworkers.