The Duration of a 2 Year Annual 10% Bond That

question 56

Multiple Choice

The duration of a 2 year annual 10% bond that is selling for par is:

• A)1.00 years.
• B)1.91 years.
• C)2.00 years.
• D)2.09 years.
• E)None of the above.

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Definitions:

Frontal Cortex

The front part of the cortex of the brain. Divided left and right into the two frontal lobes, this part of the brain is associated with cognitive functioning such as planning, foresight, and understanding.

Substantia Nigra

A brain area critical to movement and reward; loss of neurons here is associated with Parkinson's disease.

Amygdala

A brain region involved in processing emotions, including fear, pleasure, and anger, crucial for emotional learning and memory.