When Refusing a Request for a Favor, the Writer Should

question 50

Multiple Choice

When refusing a request for a favor, the writer should:

• A)use the inductive approach.
• B)provide a vague reason to minimize disappointment.
• C) use the deductive outline.
• D) state the refusal before providing reasons.

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Definitions:

Strip Bond

A financial instrument resulting from the separation of the coupon payments and the principal of a regular bond, where each part is sold separately as a zero-coupon bond.

Market Yield

The return on investment for a security anticipated in the marketplace, reflecting its current price and income it generates.

Compounded Semi-Annually

Interest calculation method where the interest is added to the principal balance twice a year, leading to interest on interest.

Market Rate

The prevailing interest rate available in the marketplace, often used as a benchmark for setting loan or investment interest rates.