If its value of cross-price elasticity is negative, a good must be a necessity

If you own a $1,000 face value bond with one year remaining to maturity and a 3 percent coupon rate and new bonds are paying 14 percent, what is the most you can get for your old bond?

A) $903.51 B) $997.19 C) $1,000 D) $1,140

Like other major government programs, an individual knows his contributions to Social Security from the information on his W-2 form

a. True b. False