Exhibit 12-2 USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 45

Multiple Choice

Exhibit 12-2
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
Talmart Corporation bonds have a $1,000 face value and will mature in 4 years. The bonds have a 7% coupon rate. Interest is paid annually and the required rate of return is 6% for these bonds.
-Refer to Exhibit 12-2. What is the Macaulay duration of the Talmart corporate bonds?

• A) 3.43
• B) 3.64
• C) 3.76
• D) 3.85
• E) 4.11

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Definitions:

Kelley's Attribution Theory

A theory that suggests how we explain someone's behavior by attributing it to either their internal disposition or the external situation.

Informational Cues

Refers to signals or hints within a communication process that provide insight or context to the receiver.

Attributions

The process by which individuals explain the causes of behavior and events, attributing them to internal dispositions or external situations.

360-Degree Feedback

A comprehensive performance appraisal system where employees receive confidential, anonymous feedback from the people who work around them, including peers, supervisors, subordinates, and sometimes customers.