To compute the holding period return on a bond investment, the investor should divide the purchase price of the bond into
A) any increase or decrease in the bond's price.
B) the annual coupon payment.
C) the bond's yield to maturity.
D) coupon payments received plus or minus any change in the bond's price.
Answer: D
Business
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Beth is secondary beneficiary of a life policy, receiving monthly income benefits under an installment refund option. Her mother, the primary beneficiary, received a total of $4,200 in benefits before she died. The original proceeds totaled $22,000. Assuming Beth lives long enough, she will be paid monthly benefits until she has received a total of
A) 22000 B) 18700 C) 4200 D) 17800"
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If an individual causes a loss intentionally, we would say that person is a:
A) careful person B) physical hazard C) moral hazard D) risk manager
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