A Newly Issued Bond with a Face Value of $8,000

question 10

Multiple Choice

A newly issued bond with a face value of $8,000 and no coupon payments is priced at $7,000.The bond will mature in one year.What is the yield on this bond?

• A)$1,000
• B)12.5 percent
• C)14.3 percent
• D)$272.73
• E)It depends on the interest rate

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A condition in which an individual is deaf from birth, often due to genetic reasons or complications during pregnancy or birth.