A Random Sampling of 100 American Adults Are Gathered to Participate

question 18

Multiple Choice

A random sampling of 100 American adults are gathered to participate in a focus group discussion.How many of the attendees can read at no higher than a third grade level?

• A)5
• B)9
• C)14
• D)21

---

Definitions:

Call Provision

A feature of a bond or other fixed-income security that allows the issuer to repurchase and retire the debt before its maturity date.

Par Value

The face value of a bond or stock as stated by the issuer, which is not necessarily indicative of its market value.

Maturity Date

The specific date on which the principal amount of a financial instrument is to be paid back in full.

Bond Ratings

Evaluations of the credit quality and risk of default of a bond, issued by rating agencies, influencing interest rates and investor demand.