A Bond with a Face Value of $1,000 That Sells

question 65

Multiple Choice

A bond with a face value of $1,000 that sells for more than $1,000 in the market is called a _____ bond.

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

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Definitions:

Credentialed

Having the necessary qualifications, certifications, or education recognized formally, especially in a professional context.

Medical Specialties

Branches of medical practice that focus on particular areas of healthcare, distinguishing physicians by the specific type of patients they treat, diseases they manage, skills they practice, or procedures they perform.

Role Delineation Chart

A visual representation outlining the specific tasks, responsibilities, and functions of a particular job or profession.

Officially Authorized

Granted formal approval or sanction by an authoritative body or agency.