Which of the Following Statements Is True of a Bond

question 20

Multiple Choice

Which of the following statements is true of a bond?

• A) The maturity value of a bond is always more than the market value of the bond.
• B) Interest payments increase throughout the duration of a bond.
• C) The maturity date of a bond is contractually fixed.
• D) The call provision of a bond is exercised in the last year of the bond.
• E) The market value of a bond is mentioned in the bond indenture.

---

Definitions:

Model Factory Village

A planned community designed during the Industrial Revolution to house factory workers, often including amenities and facilities intended to improve workers' living conditions and productivity.

Public Education

Education that is provided by the government to all individuals at no cost, funded by taxpayer dollars, and available to everyone within the jurisdiction.

New Harmony

Community founded in Indiana by British industrialist Robert Owen in 1825; the short-lived New Harmony Community of Equality was one of the few nineteenth-century communal experiments not based on religious ideology.

Common Good

A concept suggesting that certain goods, beneficial outcomes, or policies are universally advantageous to all members of a community or society.