If a United States Savings bond can be purchased for $29.50 and has a maturity value of $100 at the end of 25 years, what is the annual rate of return on the bond?
A) 5 percent
B) 6 percent
C) 7 percent
D) 8 percent
A
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If PepsiCo charges what each country could afford, ignoring cost differences from country to country, it would be using a(n) ________ price
A) uniform B) market-based C) cost-based D) escalation E) skimming
The first step in the incorporation process is to select a state in which to operate
a. True b. False Indicate whether the statement is true or false
Which of the following is NOT required of an agency relationship?
A)Consideration between parties B)A Fiduciary relationship C)Consent of the parties to act as agent or principal D)Control of principal over agent's conduct
In a 1953 study of stock prices, Maurice Kendall found that ________.
A. there were no predictable patterns in stock prices B. stock prices exhibited strong serial autocorrelation C. day-to-day stock prices followed consistent trends D. fundamental analysis could be used to generate abnormal returns