Which One of the Following Descriptors Is Used to Identify

question 47

Multiple Choice

Which one of the following descriptors is used to identify a bond that pays a single payment at maturity?

• A)zero coupon
• B)imputed value
• C)solo
• D)STRIP
• E)term

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Definitions:

Progressive Reform

A series of political and social reforms in the late 19th and early 20th centuries aimed at addressing issues of corruption, inefficiency, and social injustice within American society.

New Middle Class

A socio-economic group that emerged, characterized by increased educational opportunities, higher incomes, and an enhanced standard of living, often in the context of industrializing societies.

Ethnic Minorities

Groups of people who differ in race, religion, or culture from the majority population in the society in which they live.

Mann Act

a 1910 U.S. federal law, officially known as the White-Slave Traffic Act, originally intended to combat forced prostitution and human trafficking.