Which One of the Following Prices Is Equal to the Present

question 56

Multiple Choice

Which one of the following prices is equal to the present value of a bond's future cash flows and is paid when a bond is redeemed prior to maturity?

• A)call protected
• B)face value
• C)make-whole call
• D)tender-offer
• E)deferred

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Definitions:

Retaining Rings

Mechanical fasteners that hold components onto a shaft or in a housing/bore when installed in a groove.

Snap Rings

Metal rings that fit into grooves on a shaft or in a bore, designed to hold components in place by exerting radial pressure.

O-Rings

Circular, elastomeric seals used to prevent the passage of liquids or gases between two surfaces.

Semi-Circular

Describes a shape or object that is half of a circle or roughly forming a half-circle contour.