A Key Characteristic of Stickiness Is

question 73

Multiple Choice

A key characteristic of stickiness is

• A)swiftness.
• B)abruptness.
• C)unexpectedness.
• D)cohesiveness.
• E)interconnectedness.

---

Definitions:

Face Value

The nominal value of a security stated by the issuer, typically found on bonds and stock certificates.

Invoice Price

The price that a retailer, dealer, or distributor pays to the manufacturer, excluding any additional fees or charges.

Coupon Rate

The coupon rate is the annual interest rate paid by bond issuers on the bond's face value.

Clean Price

The price of a bond net of accrued interest; this is the price that is typically quoted.