Identify Each Statement as a Long-Term Goal or a Short-Term

question 18

Multiple Choice

Identify each statement as a long-term goal or a short-term goal.

-Plan ahead for each task performed by obtaining needed equipment and supplies.

• A) long-term goal
• B) short-term goal

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Definitions:

Interest Rates

The cost of borrowing money or the return for lending money, typically expressed as an annual percentage rate.

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date, including both interest payments and capital gains.

Annual Coupon

The annual interest payment made to bondholders, typically expressed as a percentage of the bond's face value.

Par Value

A nominal value assigned to a share of stock or bond that is typically printed on the face of the certificate.