Unlike Some Tests for Professional Degree Programs, the LSAT

question 33

Multiple Choice

Unlike some tests for professional degree programs, the LSAT

• A)predicts first year GPA in law school.
• B)is very unstructured.
• C)is based on performance rather than verbal skills.
• D)is not timed.

---

Definitions:

Coupon Bond

A type of bond that pays the holder a regular interest payment (the coupon) until maturity, at which point the principal amount is also repaid.

Yield To Maturity

The total return anticipated on a bond if it is held until the date it matures, including all payments from now until maturity.

Par Value

The face value of a bond or stock, as stated by the issuing company.

Coupon Rate

The annual interest rate paid by a bond, expressed as a percentage of the bond's face value.