Secondary Sources of Law Include

question 72

Multiple Choice

Secondary sources of law include

• A)state constitutions.
• B)legal scholars' research.
• C)laws passed by local governing bodies.
• D)regulations created by administrative agencies.

---

Definitions:

Strip Bond

A bond that has had its coupon payments and principal repayment separated, creating zero-coupon securities from a regular bond.

Yield to Maturity

The total return anticipated on a bond if the bond is held until its maturity date, taking into account both interest payments and capital gain or loss.

Term to Maturity

The remaining time until a debt instrument, such as a bond or loan, reaches its due date and the principal must be repaid.

Priced

Determination of the value or amount that must be paid to acquire a good, service, or asset.