Suppose that all investors expect that interest rates for the 4 years will be as follows:YearForward Interest Rate0(today)6%17%29%310%What is the price of a 3-year zero-coupon bond with a par value of $1,000?
A. $765.55
B. $772.18
C. $863.83
D. $816.58
E. None of the options are correct.
Answer: D
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A. organ, tissue, atom, molecule B. molecule, cell, organelle, atom C. organelle, tissue, cell, molecule D. atom, molecule, organelle, cell
______ assumes we take into account every single criterion or possible alternative to make a decision.
A. Complete rationality B. Essential rationality C. Instrumental rationality D. Bounded rationality
The term ________ ability refers to a very general mental capability that, among other things, involves the ability to reason, plan, solve problems, think abstractly, comprehend complex ideas, learn quickly, and learn from experience.
Fill in the blank(s) with the appropriate word(s).
When a property dividend is declared and the book value of the property exceeds its market value, the dividend is recorded at the
a. market value of the property at the date of distribution. b. book value of the property at the date of declaration. c. book value of the property at the date of distribution if it still exceeds the market value of the property at the date of declaration. d. market value of the property at the date of declaration.