A 20 Year, $2,000, 6% Coupon Rate Bond Will Experience

question 24

Multiple Choice

A 20 year, $2,000, 6% coupon rate bond will experience an 8% price increase if the yield-to-maturity drops by 1%. The price change for a comparable 8% bond would be from $900 to

• A) $945.
• B) $972.
• C) $855.
• D) $870.

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Definitions:

Oncoming Nurse

A nurse who is about to begin their shift and take over patient care responsibilities.

Heparin

An anticoagulant medication used to prevent and treat blood clots.

Partial Thromboplastin Time (PTT)

A blood test that measures how long it takes blood to clot, used to assess bleeding and clotting disorders and monitor anticoagulation therapy.

Petechiae

Small, red or purple spots on the body, caused by a minor hemorrhage (broken capillary blood vessels).