A ________ Is Bought at a Price Below Its Face

question 50

Multiple Choice

A ________ is bought at a price below its face value,and the ________ value is repaid at the maturity date.

• A)coupon bond;discount
• B)discount bond;discount
• C)coupon bond;face
• D)discount bond;face

---

Definitions:

Lien

A creditor's legal claim on a debtor's property, enduring until the associated debt is fully repaid.

Types Of Liens

Various legal claims or holds on property as security for the payment of a debt or obligation.

Consensual

Agreed upon by all parties involved; based on or involving mutual consent.

Statutory

Pertaining to laws passed by a legislative body; relates to statutes.