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FIGURE 13-3 In Figure 13-3 above, item 2 points to ____.
Premium Bond
A bond sold at a price higher than its face value, typically because it offers interest rates higher than the current market rates.
Discount Bond
A bond sold for less than its face value, where the difference between the purchase price and the face value represents the investor's return.
Registered Form
A security that is registered in the issuing corporation's books in the name of the owner, requiring transfer through formal procedures.
Bond Yields
The return an investor realizes on a bond, often expressed as an annual percentage.
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