What Amount of Money Was Appropriated by Congress for the Troubled

question 46

Multiple Choice

What amount of money was appropriated by Congress for the Troubled Asset Relief Program?

• A)$225 billion
• B)$252 billion
• C)$700 billion
• D)$787 billion

---

Definitions:

Bonds Payable

Liabilities representing amounts owed by a company to bondholders, to be paid at a specified maturity date.

Face Value

The nominal value or dollar value printed on a bond, note, or other financial instrument, representing the amount due at maturity.

Unamortized Discount

An unamortized discount refers to the portion of a bond's initial discount that has not yet been amortized or gradually written off over the life of the bond.

Redeemed

Usually refers to the repurchase or paying off of a debt or equity security at its original value or at a predetermined value before it matures.