Dillon owns a $1,000 corporate bond. He receives semiannual payments of $35 for his bond. What is the bond's stated interest rate?

A. 3.5 percent
B. 5 percent
C. 7 percent
D. 8 percent
E. 10 percent


Answer: C

Business

You might also like to view...

Your boss requires you to give up your company car since you have missed your sales goals for three consecutive quarters. She is using   

A. positive reinforcement. B. negative reinforcement. C. extinction. D. intrinsic motivation. E. punishment.

Business

A _____________________ allows preferred stockholders to share on a percentage basis in the distribution of an abnormally large dividend

Fill in the blank(s) with correct word

Business

New products may be classified from the viewpoint of either the consumer or the firm. 

Answer the following statement true (T) or false (F)

Business

The source characteristic of attractiveness encompasses

A. beauty, familiarity, and differentiability. B. similarity, likability, and familiarity. C. comfort, individuality, and beauty. D. expertise, familiarity, and comfort. E. power, expertise, and aesthetics.

Business