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Find the x- and y-intercepts of the graph of the following equation.
Common Stock
A type of equity security that represents ownership in a corporation, with voting rights and potential dividends.
Face Value
The nominal or dollar value printed on a bond, bill, or other financial instrument, indicating its worth at maturity.
Premium
Fee for insurance coverage, usually paid every year by the insured person. The difference between a bond’s par value and its market value when the market value is more. When bonds are sold at a premium, the yield rate will be lower than the stated (face) rate.
Discount
A fee charged when someone buys a note before maturity. With regard to bonds, a bond sells at a discount if the market value becomes less than the face value.
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