Hobbies of Retiring Business Executives Can Spawn Startup Ideas

question 44

True/False

Hobbies of retiring business executives can spawn startup ideas.

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Definitions:

Par-value

The nominal or face value of a bond, share of stock, or other financial instrument, representing the value at which it will be redeemed at maturity.

Zero-coupon Bonds

Bonds that do not pay periodic interest and are sold at a discount from their face value; the return comes from the difference between the purchase price and the face value paid at maturity.

Yield To Maturity

The total return expected on a bond if it is held until the date it matures, including all interest payments and the repayment of the principal.