If a Bond Sells for $1,000 and Pays $100 Per

question 83

Multiple Choice

If a bond sells for $1,000 and pays $100 per year in interest, the interest rate on the bond is

• A) 20 percent.
• B) 10 percent.
• C) 5 percent.
• D) 100 percent.

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Definitions:

Cultural Environments

The collection of beliefs, practices, norms, and values shared by a group of people within a specific region or organization.

Host-Country Nationals

Employees who are citizens of the country in which a multinational corporation's branch or subsidiary is located.

Home-Country Nationals

Employees who are working in a branch of their company or a government's embassy that is located in a foreign country but are citizens of the country where the company's headquarters or government is based.