Which of the Following Statements Is FALSE

question 88

Multiple Choice

Which of the following statements is FALSE?

• A)Bonds are securities sold by governments and corporations to raise money from investors today in exchange for promised future payments.
• B)By convention the coupon rate is expressed as an effective annual rate.
• C)Bonds typically make two types of payments to their holders.
• D)The time remaining until the repayment date is known as the term of the bond.

---

Definitions:

Variable Life Insurance

A type of life insurance policy that combines life coverage with an investment fund, where the cash value and death benefit can vary based on the performance of investments.

Wingbeat Frequency

The rate at which a flying organism flaps its wings, important for various aspects of flight dynamics and energy expenditure.

Pelican

Pelicans are a genus of large water birds characterized by their long beak and a large throat pouch used for catching and draining water from scooped up prey.

V-Formation

A flight formation often seen in migratory birds, which reduces energy consumption and improves aerodynamic efficiency.