A Bond That Is Bought at a Price Below Its

question 45

Multiple Choice

A bond that is bought at a price below its face value and the face value is repaid at a maturity date is called a

• A)simple loan.
• B)fixed-payment loan.
• C)coupon bond.
• D)discount bond.

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Definitions:

Age Range

The span of years that separates the youngest from the oldest individuals in a group or population.

Babies

Very young offspring of humans, typically considered to be from birth until about 2 years of age.

Death Is Final

A concept referring to the irrevocable cessation of all biological functions that sustain a living organism.

Age

A measure of the time someone or something has existed, typically expressed in years.