Which of the Following Run the Day-To-Day Operations of a Corporation

question 18

Multiple Choice

Which of the following run the day-to-day operations of a corporation?

• A) Shareholders
• B) Board of directors
• C) Officers
• D) Subscribers

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Definitions:

Yield To Maturity

The total return anticipated on a bond if it is held until it matures, including all interest payments and capital gains or losses.

Par Value

The face value of a bond or stock, representing the amount that the issuer agrees to pay at maturity or the value assigned to a stock for accounting purposes, respectively.

Matures

Refers to the final payment date of a loan or other financial instrument, at which point the principal (and all remaining interest) is due to be paid.

Par-value

The par value of a bond, share of stock, or coupon as declared by the issuer.