The Fact That Most Magazines Are Published for Special-Interest Groups

question 16

Multiple Choice

The fact that most magazines are published for special-interest groups gives them a high degree of:

• A)permanence.
• B)flexibility.
• C)selectivity.
• D)reach.
• E)clutter.

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Definitions:

Strip Bond

A bond variant where the capital and ongoing interest payments are split and each sold as separate zero-coupon bonds.

Compounded Semi-annually

Interest that is compounded and added to the principal twice per year, emphasizing the process of growth due to reinvestment of interest.

Issue Price

The price at which a new issue of securities is offered to the public.

Strip Bond

A bond where both the principal and regular interest payments have been removed, typically sold at a discount and pays no interest until maturity.