A Quality Circle Is a Round-Table of Top-Level Quality Managers

question 71

True/False

A quality circle is a round-table of top-level quality managers.

---

Definitions:

Coupon Rate

The interest rate that an issuer of a bond pays to a holder, expressed as a percentage of the bond's face value, paid regularly until maturity.

Yield To Maturity

The total return anticipated on a bond if it is held until the date it matures, considering all interest payments and the principal repayment.

Semi-Annually

Occurring or done twice a year, typically every six months.

Face Value

The nominal or dollar value stated on a security or financial instrument, such as a bond or stock, representing its worth at issuance or par value.