Type of Bond Whose Present Value Is Lesser Than That

question 3

Multiple Choice

Type of bond whose present value is lesser than that of its face value is classified as

• A)discount bond
• B)premium bond
• C)coupon bond
• D)interest bonds

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Definitions:

Indirect Order

A communication strategy where the main point or directive is not presented at the beginning but comes after the rationale or background information.

Adjustment

A change or modification made to correct, improve, or adapt something.

Basic Objective

Basic objective denotes a fundamental goal or purpose that an individual, group, or organization seeks to achieve.

Negative Thoughts

Refers to pessimistic or gloomy thoughts that can affect one's mood, behavior, and overall perception of life.