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Explanation:
While calculating the price of a bond, keep in mind that the price is equal to the present value of all payments received by the bondholder from the issuer. The coupon payments, which can be annual or semi-annual, the yield to maturity, the bond's life, and the face value are all important factors to consider. The bond's price is determined by discounting the face value and coupon rates to their worth at a time (t = 0) and adding them
Source of what? If you tell I may help
Binet's intelligence test measures the level of knowledge and understanding taking into account the age of the subject, increasing the difficulty and level of abstraction of the tests with age.
<h3>What is Binet's intelligence test?</h3>
It is a standardized test that measures intelligence and cognitive abilities in children and adults.
This test conceives intellectual development as the progressive acquisition of basic intellectual mechanisms, in such a way that these the levels of knowledge and understanding must correspond to their chronological age.
Therefore, we can conclude that Binet's intelligence test measures intelligence or common sense (based on the ability to understand, judge and reason correctly) corresponding to the chronological age.
Learn more about Binet's intelligence test here: brainly.com/question/3909228
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