Calculate the Cash Value of a Bond That Will Mature

question 33

Multiple Choice

Calculate the cash value of a bond that will mature with a value of $16 500 in 7 years and 5 months. The bond is discounted at 5.8% compounded semi-annually.

• A) $10 797.48
• B) $10 979.48
• C) $10 997.48
• D) $10 779.48
• E) $11 117.48

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Definitions:

Conscientiousness

A personality trait characterized by high levels of thoughtfulness, with good impulse control and goal-directed behaviors.

Complex Organism

An organism made up of many different parts working together in an intricately connected way, often resulting in higher levels of organization and function.

Inputs

Resources, materials, or information that are put into a system or process for processing or production purposes.

Outputs

The results or products that are produced by a system, process, or team, often measured to evaluate performance or success.