Jim Carrey, a private investor, purchases $1,000 par value bonds with a 12 percent coupon rate and a 9 percent yield to maturity. Mr. Carrey will hold the bonds until maturity. Thus, he will earn a return of _______ percent.
A) 12
B) 9
C) 10.5
D) More information is needed to answer this question.
Ans: B) 9
Business
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At common law, how much notice was necessary to terminate a periodic tenancy?
A) One year B) A periodic tenancy can be terminated without notice. C) One period, the length of the period being the period of the particular lease D) A periodic tenancy is automatically terminated at the end of the period. E) One month
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What does the following statement do? Math.floor( Math.random() * 12 );
a) This creates a random number from 0 up to and including 12. b) This creates a random number from 0 up to but not including 12. c) This creates a random number from 1 up to and including 12. d) This creates a random number from 1 up to but not including 12.
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