A Basic Bond That Has a Face Value of $1,000

question 95

Multiple Choice

A basic bond that has a face value of $1,000 and pays regular semiannual coupon payments is referred to as which one of the following?

• A)pure discount bond
• B)premium bond
• C)inflation bond
• D)straight bond
• E)conversion bond

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Definitions:

U.S. Military

The combined forces of the United States, including the Army, Navy, Marine Corps, Air Force, and Coast Guard, tasked with defense and national security.

American West

A region of the United States with diverse geography and history, often associated with the frontier period, expansion, and the idea of the Wild West.

Ethnically Diverse

Describes a community or population consisting of people from a variety of ethnic backgrounds, enriching cultural heterogeneity.

Civil War Veterans

Individuals who served as soldiers during the American Civil War (1861-1865) between the Union and Confederate states.