If the Yield to Maturity Is 5

question 137

Multiple Choice

If the yield to maturity is 5.5%,what is the price of a 15-year,zero-coupon bond with a par value of $1,000?

• A)$413.35
• B)$429.48
• C)$447.93
• D)$469.72

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Definitions:

Profit and Loss Ratio

Profit and Loss Ratio measures the relationship between profits gained and losses incurred in a business or trading activity.

Safe Payments

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Noncash Assets

Assets owned by a business or individual that are not in the form of cash or cash equivalents, such as buildings, machinery, or intellectual property.

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The total amount of money a company has earned (net income) or lost (net losses) during a specific period.