Early in the 19th Century, Advances in Technology Allowed Newspapers

question 18

Multiple Choice

Early in the 19th century, advances in technology allowed newspapers to drop their prices, which made possible newspapers known as the

• A) penny press.
• B) daily dime.
• C) nightly nickel.
• D) quarter quarterly.
• E) ten-cent chronicle.

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Definitions:

Coupon Bonds

Bonds that pay the holder a fixed interest rate (coupon) over the life of the bond, and then return the principal at maturity.

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuing entity.

At Issue

A term often used when new securities are released to the market, indicating they are currently being offered for sale to the public.

Coupon Bond

A type of bond that pays the holder a fixed interest payment (coupon) at regular intervals until the maturity date when the principal and the final interest payment are paid.