When a Fixed Income Security Is Being Traded at the Price

question 16

Multiple Choice

When a fixed income security is being traded at the price above its face value it is trading

• A) At a discount.
• B) At par.
• C) At a premium.
• D) Flat.
• E) No accrual.

---

Definitions:

Illustrations

Visual representations such as drawings or diagrams used to explain or adorn textual information.

Pre-reading

Strategies or activities performed before reading a text, aimed at improving comprehension or setting a purpose for reading.

Summarize

To present the main points or essence of a text or speech in a concise and brief form.

Speech

The expression of thoughts and feelings by articulate sounds.