A Student in Your Class Whom You Kind-Of Like Asks

question 27

Multiple Choice

A student in your class whom you kind-of like asks you come to watch a meteor shower. What exactly are you being invited to?

• A) something your mom would not approve of, involving streams of dirty water
• B) the closest approach of an active bright comet to the Earth
• C) a once-in-a-lifetime experience at the end of which you will be completely covered with dust particles from space
• D) watching the left-over dirt from a comet burn up by friction as the pieces hit the Earth's atmosphere
• E) something quite dangerous where you are likely to be hit when many larger rocks fall from above

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Definitions:

Unamortized Discount

The portion of a bond's discount that has not yet been amortized or expensed to interest expense over the bond's life.

Par Value

The nominal or face value of a stock or bond as stated by the issuer, which may differ from its market value.

Retirement

The act of leaving one's job and ceasing to work, typically upon reaching a predetermined age.

Gain or Loss

A financial result that occurs when the selling price of an asset differs from its initial purchase cost.