A Bond with Both a Face Value and a Market

question 61

Multiple Choice

A bond with both a face value and a market value of $1,000 is called a ________ bond.

• A)par value
• B)premium
• C)discount
• D)zero coupon
• E)floating rate

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Definitions:

Hiram Revels

The first African American to serve in the United States Senate, representing Mississippi during Reconstruction.

Union League

An organization that supported the Union cause during the Civil War and worked to mobilize the Northern civilian support for the Union Army.

Partisan Organization

A group or entity aligned with a specific political cause or ideology, often working towards advancing those specific political or social agendas.

Terrorist Bands

Groups that engage in acts of terrorism, using violence and intimidation to pursue political goals.