Which of the Following Statements Is NOT Correct? Discount Bonds

question 30

Multiple Choice

Which of the following statements is NOT correct? Discount bonds:

• A)make a capital gain when held to maturity.
• B)sell below their face value.
• C)have a price equal to their face value.
• D)are subject to price risk when sold before maturity.

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Definitions:

Erikson

A developmental psychologist known for his theory on the psychosocial development of humans, which describes eight stages from infancy to adulthood with each stage presenting a conflict that must be resolved.

Adolescence

This period involves significant changes in both physiological and psychological aspects, usually starting with puberty and concluding upon reaching legal age.

Identity Development

The process through which individuals achieve a sense of who they are and of their moral and political beliefs, their career preferences, and their relationship to their culture and community.

Cognitive Development

The process of growth and change in intellectual capabilities such as thinking, reasoning, and understanding throughout a person's life.