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NEW QUESTION: 1
A 12-year, $1,000 face value zero-coupon bond is priced to yield a return of 7.00 percent on a semi-annual basis. What is the price of the bond, and how much interest will the bond pay over its life, respectively?
(Select the choice that is closest to the correct answer.)
A. $562, $438.
B. $840, $160.
C. $444, $556.
D. $438, $562.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Using the equation:Pricezerocoupon= Face Value * [ 1 / ( 1 + i/n)n*2]
Here,Pricezerocoupon= 1000 * [ 1 / (1+ 0.070/2)12*2] = 1000 * 0.43796 = 437.95, or approximately438.So, interest = Face Value - Price = 1000 - 438 =562.
Using thecalculator:N = (12*2) =24, I/Y = 7.00 / 2 =3.50, FV = 1000, PMT = 0. PV = -437.95, or approximately $438

NEW QUESTION: 2
A user named Frank issues the following command:
% cal 9 1752
Choose the answer that best describes the number 9 as used in this command line.
A. second argument
B. second option
C. first argument
D. first option
Answer: C

NEW QUESTION: 3
When including a text file in your application to read from as a resource, what is the recommended location of such file?
A. res/files
B. res/values
C. res/raw
D. res/anim
Answer: C
Explanation:
Explanation/Reference:
You should place each type of resource in a specific subdirectory of your project's res/ directory.
The raw/ subfolder should contain arbitrary files to save in their raw form.
References:
http://developer.android.com/guide/topics/resources/providing-resources.html