Choose the Word or Phrase in [ ] Which Will

question 142

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The commonly cited price for a bond is usually its [clean | dirty] bond price.

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Definitions:

Specific Legacy

A bequest in a will that leaves a particular piece of property or a specific asset to a designated beneficiary.

Probate Laws

The legal process through which a deceased person's estate is valued, beneficiaries are determined, and assets are distributed according to the deceased's will or state law.

Remaining Principal

The amount of the original loan or mortgage that has not yet been repaid.

Wal-Mart Stores

A multinational retail corporation operating a chain of hypermarkets, discount department stores, and grocery stores, headquartered in Bentonville, Arkansas.