A Bond Will Pay $80 in Interest at the End

question 13

Multiple Choice

A bond will pay $80 in interest at the end of each of the next six years, plus the $1,000 principal at the end of the sixth year. If the required yield-to-maturity is 10%, the intrinsic value is

• A) $847.
• B) $913.
• C) $952.
• D) $988.

---

Definitions:

Eye Examinations

Medical evaluations designed to assess vision and the health of the eye, often involving various tests.

Vision

The ability to see or how the eyes and brain interpret electromagnetic waves perceived as light.

Tracking

The act of monitoring and recording the movement or progress of an object or trend over a period of time.

Interesting Sound

A noise or tone that captures attention due to its unique, pleasing, or intriguing qualities.