A Company Owns 9% Bonds with a Par Value of $100,000

question 32

Multiple Choice

A company owns 9% bonds with a par value of $100,000 that pay interest on October 1 and April 1.The amount of interest accrued on December 31 (the company's year-end) would be:

• A)$ 750.
• B)$1,500.
• C)$2,250.
• D)$4,500.
• E)$9,000.

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Definitions:

Systolic blood pressure

The pressure in the arteries when the heart beats and fills them with blood.

Population mean

The average of a set of characteristics or values for the entire population.

Confidence interval estimate

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, given a specified level of confidence.

Standard deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values in a data set are.