When Writing a Positive Response to an Inquiry,______

question 15

Multiple Choice

When writing a positive response to an inquiry,______.

• A)the opening should contain a buffer
• B)the organization of the body should be indirect
• C)the organization of the body should depend on the inquiry
• D)the closing should contain an apology

---

Definitions:

Bonds

Bonds are fixed-income securities that represent a loan made by an investor to a borrower, typically corporate or governmental, where the borrower agrees to pay back the principal plus interest at a specified date.

Market Interest Rate

The prevailing rate of interest available in the marketplace on comparable instruments, impacting borrowing costs and investment returns.

Noncallable

A bond or other financial instrument that cannot be redeemed or paid off before its specified maturity date by the issuer.

Par Value

The face value of a bond or stock, representing the amount to be returned to the holder at maturity.