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

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Definitions:

Thorndike

An American psychologist known for his work in comparative psychology and the theory of connectionism, emphasizing the role of rewards and punishments in learning.

Reinforcement

A process in operant conditioning that increases the likelihood of a behavior being repeated, either through positive or negative means.

Law of Effect

A psychological principle stating that behaviors followed by satisfying consequences tend to be repeated, while those followed by unpleasant consequences are less likely to be repeated.

Tone

The quality or character of sound.