Which of the Following Statements Is True of a Bond

question 111

Multiple Choice

Which of the following statements is true of a bond?

• A)The maturity value of a bond is always more than the market value of the bond.
• B)Interest payments on a bond increase throughout the duration of the bond.
• C)The maturity date of a bond is contractually fixed.
• D)The call provision of a callable bond is normally exercised in the last year of the bond.
• E)The market value of a bond is stated in the bond indenture.

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Definitions:

Employment Law

The area of law that deals with the rights and obligations in the work relationship between employers and employees, including matters such as wages, working conditions, discrimination, and termination.

Constructive Dismissal

When an employer commits a fundamental breach of the contract, such as by unilaterally changing a key term of the contract, the employee can treat the breach as a termination

Due Process

The legal requirement that the state must respect all legal rights owed to a person, encompassing a fair and formal procedure.

Sexist

Prejudiced beliefs or discrimination based on a person's sex or gender, often manifesting in practices that disadvantage women.