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NEW QUESTION: 1
Which of the following is an example of fiscal policy?
A. The creation of tax-exempt savings accounts to encourage savings
B. The removal of foreign exchange controls which restrict the transfer of currencies between countries
C. The removal of regulations which restrict Sunday trading
D. The central bank imposing controls on bank lending
Answer: A

NEW QUESTION: 2
Which of the following is an asymmetric encryption algorithm?
A. DES.
B. RSA.
https://www.omnisecu.com/security/public-key-infrastructure/asymmetric-encryption-algorithms.php
C. ATM.
D. AES.
Answer: B

NEW QUESTION: 3
What is used to apply a behavior to all elements in a collection?
A. interruptible region
B. map action
C. exception region
D. expansion region
E. partition
Answer: D

NEW QUESTION: 4
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. $438, $562.
B. $840, $160.
C. $562, $438.
D. $444, $556.
Answer: A
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