The First Step of the 12 Steps of AA Begins

question 25

Multiple Choice

The first step of the 12 steps of AA begins:

• A) ​"Came to believe that a power greater than ourselves could restore us to sanity."
• B) ​"We admitted we were powerless over alcohol."
• C) ​"Made a decision to turn our will and our lives over to the care of God as we understood Him."
• D) ​none of the above

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Definitions:

Convertible Bonds

Bonds that can be converted into a predetermined amount of the company's equity at certain times during their life, usually at the discretion of the bondholder.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date, accounting for interest payments and the capital gain or loss.

Current Yield

Current yield refers to the annual income (interest or dividends) received from an investment, expressed as a percentage of the investment's current market price.

Bond Coupon Rates

The interest rate provided by a bond each year, shown as a percentage of the bond's nominal value.