Increases in the Market Rate of Interest Subsequent to a Bond

question 2

True/False

Increases in the market rate of interest subsequent to a bond issue increase the discount on the bond.

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Definitions:

Ethics

The branch of philosophy that deals with questions of morality, including concepts of right and wrong, virtue and vice, and moral responsibility.

Socially Responsible

Acting in ways that benefit society at large, considering the impact of one’s actions on the welfare of the community and environment.

Right from Wrong

The moral or ethical discernment between acceptable and unacceptable actions or decisions.

Legal

Pertains to matters related to the law, including legislation, rights, obligations, and the judicial system.