Which of the Following Statements Is FALSE

question 94

Multiple Choice

Which of the following statements is FALSE?

• A)The bond certificate typically specifies that the coupons will be paid periodically until the maturity date of the bond.
• B)The bond certificate indicates the amounts and dates of all payments to be made.
• C)The only cash payments the investor will receive from a zero-coupon bond are the interest payments that are paid up until the maturity date.
• D)Usually the face value of a bond is repaid at maturity.

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Definitions:

U.S. Economy

The economic system of the United States characterized by a mixed economy that supports private freedom, including a variety of private businesses, alongside significant government regulation and programs.

Imported Goods

Items brought into a country from another country for sale or use.

State Tariffs

Taxes imposed by state governments on imported goods, which were once a source of revenue and economic policy before being predominantly managed at the federal level in the United States.

Shays's Rebellion

An armed uprising in 1786-1787 in western Massachusetts, led by Daniel Shays, protesting against economic injustices and lack of government response, highlighting the weaknesses of the Articles of Confederation.