The U.S.Constitution Is

question 10

Multiple Choice

The U.S.Constitution is

• A)the supreme law of the United States that establishes the basic contract between government and the people
• B)the supreme law of the United States and easy to modify
• C)co-equal to the state constitutions to empower the states
• D)the law that governs Washington,DC,and the U.S.territories

---

Definitions:

Call Provision

A clause in a bond or other fixed-income instrument that allows the issuer to repurchase and retire the debt before the scheduled maturity date.

Coupon Rate

The interest a bond pays each year, quantified as a percentage of its face value.

Coupon Rate

The annual interest rate paid by a bond issuer to its bondholders, expressed as a percentage of the bond's face value.

Yield To Maturity

The total return expected on a bond if held until its maturity date, including all remaining coupon payments and principal repayment.