As a Business Owner,you're in Charge and Can Decide When

question 27

Multiple Choice

As a business owner,you're in charge and can decide when and where you want to work.This managerial freedom best reflects the _____ advantage of small business ownership.

• A)financial
• B)intellectual
• C)time-management
• D)lifestyle

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Definitions:

Coupon Bond

A bond that entitles the holder to a fixed interest payment, or coupon, periodically until the bond matures.

Interest-Rate Risk

The potential for investment losses due to changes in interest rates, affecting the value of interest-bearing assets like bonds.

Yield To Maturity

The total return expected on a bond if the bond is held until its maturity date.

Coupon Bond

A debt security that pays the holder a fixed interest amount (coupon) at scheduled intervals until the maturity date, when the principal amount is repaid.