Yield to Maturity: Huan Zhang Bought a 10-Year Bond That

question 64

Multiple Choice

Yield to maturity: Huan Zhang bought a 10-year bond that pays 8.25 percent semiannually for $911.10. What is the yield to maturity on this bond?

• A) 7.6%
• B) 8.6%
• C) 9.6%
• D) 10.6%

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Definitions:

Encryption

A method of securing data from unauthorized users in which data is converted into an unreadable format.

Compression

Compaction of a file or folder to take up less disk drive space.

GUI

Graphical User Interface, a user-friendly visual interface that allows users to interact with electronic devices through graphical icons and visual indicators.

Command Prompt

Otherwise known as a prompt, or command line interface (CLI) a text-based environment in which commands are entered.