Examlex
The factory where Dave works has a sign that says "Employees cannot have weapons on company premises." Which of the following types of plans is this statement?
Premium
Fee for insurance coverage, usually paid every year by the insured person. The difference between a bond’s par value and its market value when the market value is more. When bonds are sold at a premium, the yield rate will be lower than the stated (face) rate.
Discount
A fee charged when someone buys a note before maturity. With regard to bonds, a bond sells at a discount if the market value becomes less than the face value.
Premium Price
A pricing strategy where goods or services are sold at a higher price point due to perceived advantages, often related to quality or status.
Bond Quoted
The price or interest rate at which a bond is currently being sold or bought in the market.
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