A ________ Is Bought at a Price Below Its Face

question 50

Multiple Choice

A ________ is bought at a price below its face value,and the ________ value is repaid at the maturity date.

• A)coupon bond;discount
• B)discount bond;discount
• C)coupon bond;face
• D)discount bond;face

---

Definitions:

Fixed Tariff

A preset tax or duty to be paid on particular imports or exports, which remains unchanged over a period regardless of economic conditions.

Ad Valorem Tariff

A type of tax calculated as a percentage of the value of the goods being imported or exported.