A Discarded Strategy Is One That Was Found to Be

question 86

True/False

A discarded strategy is one that was found to be inappropriate because of changing circumstances.

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Definitions:

Call Price

The price at which a callable bond or preferred stock can be repurchased by the issuer before its maturity date.

Coupon Bond

A type of bond that offers interest payments through periodic coupon payments to the bondholder and returns the principal at maturity.

Yields To Maturity

The total return anticipated on a bond if held until its maturity date, expressed as an annual rate.

Par Value

The nominal or face value of a bond or stock as stated by the issuer, which is often the amount paid out at maturity for bonds.