If an Issuer Sells a Bond at Any Other Date

question 169

Multiple Choice

If an issuer sells a bond at any other date than the interest payment date:

• A)This means the bond sells at a premium.
• B)This means the bond sells at a discount.
• C)The issuing company will report a loss on the sale of the bond.
• D)The issuing company will report a gain on the sale of the bond.
• E)The buyer normally pays the issuer the purchase price plus any interest accrued since the last interest payment date.

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Definitions:

Registered Nursing

A licensed healthcare professional specializing in patient care, education, and advocacy, having completed a nursing program and passed a national licensing exam.

American Nurses Association

A professional organization that represents the interests of registered nurses in the United States, aiming to advance the profession and promote high standards of nursing practice.

Practice Individualized

The customization of healthcare practices and interventions to fit the unique needs and preferences of each patient.

Occupational Therapist

A healthcare professional specialized in assisting individuals to develop, recover, improve, and maintain the skills needed for daily living and working, especially after injury or illness.