Which of the Following Is True of a "Vanilla" Bond

question 60

Multiple Choice

Which of the following is true of a "vanilla" bond?

• A)It realizes capital gains in multiples of $1,000.
• B)It provides a fluctuating stream of interest income every year.
• C)It assures a return higher than the market rate of interest.
• D)It has a par value payable after a certain number of years from its issuance.

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Definitions:

Communication

is the process of exchanging information, ideas, thoughts, and feelings through verbal or nonverbal means between individuals or groups.

Professional Development

The continuous process of acquiring new knowledge, skills, and abilities that improve an individual's job performance and career prospects.

Efficiency

The ability to accomplish a task or job with a minimum expenditure of time and resources.

Standardization of Work Processes

The practice of establishing uniform procedures and criteria for tasks and operations within an organization to increase efficiency and consistency.