The Per-Period Yield to Maturity of a Zero-Coupon Bond

question 8

Multiple Choice

The per-period yield to maturity of a zero-coupon bond:

• A)is the discount rate that makes the discounted value of its coupon payments equal to its current market price.
• B)is the discount rate that makes the discounted value of its face amount equal to its par value.
• C)is the discount rate that makes the discounted value of its coupon payments equal to its face value.
• D)is the discount rate that makes the discounted value of its face amount equal to its current market price.

---

Definitions:

Time Study

Timing a sample of a worker’s performance and using it as a basis for setting a standard time.

Labour Standards

Benchmarks or criteria used to measure the expected performance or productivity of workers within a specific time period.

Historical Experience

Refers to the information and insights gained from past events and situations that influence current decision-making or understanding.

Time-Study Procedure

A method used to determine the time taken for a worker to complete a task, with the goal of increasing efficiency.