After Month 30, Assuming That Prepayments Remain Within the PAC

question 53

Multiple Choice

After month 30, assuming that prepayments remain within the PAC collar, the holders of a PAC bond will receive which one of the following payments?

• A)a fixed principal payment only
• B)a fixed interest payment only
• C)a fixed principal payment plus a declining interest payment
• D)a declining principal payment only
• E)a declining principal payment and a declining interest payment

---

Definitions:

IM Route

Intramuscular route of medication administration where drugs are injected directly into the muscle tissue.

Vastus Lateralis

A muscle in the thigh that is part of the quadriceps group, responsible for extending the knee and stabilizing the leg.

Intramuscular Injection

A method of delivering medication deep into the muscles, allowing the drug to be absorbed into the bloodstream quickly.

Warm Compress

A therapeutic application of warmth to a body part to relieve pain, improve blood flow, or reduce inflammation.