Which of the Following Is Not True

question 22

Multiple Choice

Which of the following is not true?

• A)The tone of a letter is intended to clarify meaning.
• B)The tone of a letter can be changed through selection of words and phrases.
• C)The tone of a letter should set the mood and sound natural.
• D)The tone of a letter refers to the presentation of information in a positive form.

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Definitions:

Exercise Price

The price at which the holder of an options contract may buy (in the case of a call) or sell (in the case of a put) the relevant security or commodity.

Expiration Date

In finance, the date at which a derivative contract such as an option or futures agreement ceases to exist.

Tax-Exempt Bonds

Bonds issued by government entities that offer interest payments not subject to federal income tax, and in some cases, state and local taxes.

Yield

The income return on an investment, such as the interest or dividends received, expressed as an annual percentage based on the investment's cost, its current market value, or its face value.