What Is the Value of a Bond That Has a Face

question 53

Multiple Choice

What is the value of a bond that has a face value of $1,000,a coupon rate of $80 (annually) ,and matures in 11 years? Assume a required rate of return of 11%,and round your answer to the nearest $10.

• A)$320.66
• B)$1,011.00
• C)$813.80
• D)$790.79

---

Definitions:

Anxiety Gene

A colloquial term potentially referring to any genetic variation that is linked to an increased risk of anxiety disorders.

Neurotransmitter

Chemical substances that transmit signals across a synapse from one neuron to another.

Serotonin

A neurotransmitter that plays a critical role in regulating mood, appetite, sleep, and cognitive functions.

Dopamine

A neurotransmitter associated with the brain's reward system, movement, and motivation, playing a crucial role in feelings of pleasure and satisfaction.