Which One of the Following Terms Applies to a Bond

question 103

Multiple Choice

Which one of the following terms applies to a bond that initially sells at a deep discount and only makes one payment to bondholders?

• A)Callable
• B)Income
• C)Zero coupon
• D)Convertible
• E)Tax-free

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Definitions:

Bipolar Disorder

A mental health condition characterized by extreme mood swings including emotional highs (mania or hypomania) and lows (depression).

Sexual Harassment

Unwelcome or inappropriate sexual remarks or physical advances, particularly in a workplace or academic setting, that create a hostile or offensive environment.

Legal Definition

The explicit description or determination of a concept or term as outlined by legal statutes or jurisprudence.

Ambiguous

Relates to information or situations that are unclear, uncertain, or can be understood in more than one way.