In the Making of Distilled Spirits,the ________ of Beer or Wine

question 1

Multiple Choice

In the making of distilled spirits,the ________ of beer or wine concentrates the alcohol.

• A)double fermentation
• B)boiling
• C)acidifying
• D)filtering
• E)oxidizing

---

Definitions:

Future Interest Rates

An indication of what the cost of borrowing money or the rate of return on investments will be at a future date.

Callable Bonds

Bonds that give the issuer the right to redeem them before their maturity date at a pre-specified price.

Bond Indenture

The underlying contract between the company issuing bonds and the bondholders.

Bond Premium

The additional amount over the face value for which a bond is sold, representing the difference between the bond's issue price and its nominal value.