Suppose That One Year Ago You Purchased a $100 Bond

question 50

Multiple Choice

Suppose that one year ago you purchased a $100 bond with an interest payment of $5 per year and,at the time,the interest rate was 5 percent.One year later the interest rate has increased to 6.5 percent,and you still hold the bond.If you were to sell your bond now,the price that you could sell it for would be

• A) higher than it was when you bought it.
• B) lower than it was when you bought it.
• C) the same as it was when you bought it, that is, $100.
• D) More information is necessary to answer the question.

---

Definitions:

Last-In, First-Out

A method of data storage or retrieval where the most recently stored information is the first to be retrieved.

FFL and FFU Instructions

FFL (FIFO Load) and FFU (FIFO Unload) are instructions used in programming PLCs for managing data in a First-In-First-Out (FIFO) manner.

Control Addresses

Specific locations in memory allocated for the storage and manipulation of control functions within a PLC or other control system.

Most-significant Bit

The bit in a binary number with the highest value position, which often determines the sign in binary signed number representations.