Which of the Following Statements About the Term of a Bond

question 35

Multiple Choice

Which of the following statements about the term of a bond is correct?

• A)Term refers to the various characteristics of a bond,including its interest rate and tax treatment.
• B)The term of a bond is determined entirely by its credit risk.
• C)The term of a bond is determined entirely by how much sales charge the buyer of the bond pays when he or she purchases the bond.
• D)Interest rates on long-term bonds are usually higher than interest rates on short-term bonds.

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Definitions:

Neuroscience Approach

A method of studying the nervous system to understand the biological bases of behavior, cognition, and emotion.

Apraxia

A motor disorder caused by damage to the brain, characterized by difficulty in executing purposeful movements despite having the desire and physical ability to perform them.

Aphasia

is a communication disorder that results from damage to parts of the brain responsible for language, affecting the person's ability to speak, write, and understand others.

Agnosia

A neurological disorder marked by the inability to recognize and identify objects, people, sounds, or shapes, despite intact sensory faculties.