Since He Stopped Smoking Last Week, John Complains About Fighting

question 14

Multiple Choice

Since he stopped smoking last week, John complains about fighting the urge for a cigarette, especially when he is around other smokers. This is an example of

• A) addiction.
• B) tolerance.
• C) craving.
• D) withdrawal.
• E) All of these answers are correct.

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Definitions:

Coupon Bond

A debt security that pays the investor periodic interest payments called coupons and returns the principal at the end of the maturity.

Par Value

Par Value is the face value of a bond or stock as stated by the issuer, which might not reflect its market value.

Yield To Maturity

The total return expected on a bond if held till its maturity date, including both interest payments and capital gains or losses.