Hong Kong Bond with a Coupon of 10% Is Initially

question 5

Multiple Choice

Hong Kong bond with a coupon of 10% is initially priced at HK$1,000.At the end of the year,the bond is selling for HK$1,200.If the Hong Kong dollar depreciates by 5%,what will the U.S.dollar return on the bond equal at the end of the year?

• A)10%
• B)13%
• C)23.5%
• D)31%

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Definitions:

Conventional Type

A category or class considered traditional or based on long-standing norms and practices.

Artistic Personal Orientation

A characteristic of individuals who have a strong inclination towards creativity, aesthetics, and expressing themselves through art.

Coordinates Social Activities

Involves organizing events or gatherings that facilitate interaction and engagement among people for recreational, educational, or social purposes.

Super's Developmental Model

A theory of career development that outlines how personal experiences and growth stages influence occupational choices and job satisfaction.