A Pure Discount Security Is an Interest-Bearing Asset That Pays

question 49

Multiple Choice

A pure discount security is an interest-bearing asset that pays:

• A)interest on a semi-annual basis.
• B)interest on an annual basis.
• C)a single payment at maturity.
• D)no interest.
• E)a variable-rate interest.

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Definitions:

Bladder

An organ in the body that collects urine excreted by the kidneys before disposal by urination.

Parasympathetic Nervous System

Part of the autonomic nervous system that helps the body to relax and recuperate by slowing heart rate, increasing intestinal and gland activity, and relaxing sphincter muscles.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for 'fight or flight' response during stressful or emergency situations.

Internal Organs

Vital organs located within the main cavities of the body, such as the brain, heart, kidneys, liver, and lungs, which perform essential functions necessary for survival.