Match the Person or Term with the with the Correct

question 14

Multiple Choice

Match the person or term with the with the correct description.
-John McCain

• A)sponsored a bill banning the use of torture
• B)Bush's Secretary of State
• C)House majority leader
• D)Obama appointee to the Supreme Court
• E)inability to lead the Federal Emergency Management Agency effectively
• F)Democratic presidential candidate in 2008
• G)compassionate conservative
• H)chief political adviser
• I)attorney general
• J)chief justice of the Supreme Court
• K)Republican activist and lobbyist
• L)elected president in 2008

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Definitions:

Strip Bond

A bond that has had its coupon payments and principal repayment separated, creating zero-coupon securities from a regular bond.

Yield to Maturity

The total return anticipated on a bond if the bond is held until its maturity date, taking into account both interest payments and capital gain or loss.

Term to Maturity

The remaining time until a debt instrument, such as a bond or loan, reaches its due date and the principal must be repaid.

Priced

Determination of the value or amount that must be paid to acquire a good, service, or asset.