Once Faculty Receive Textbooks and Choose Not to Use Them

question 29

Multiple Choice

Once faculty receive textbooks and choose not to use them they are

• A)required to mail them back to the publisher.
• B)free to do what they wish with the book, including selling it.
• C)required to destroy the book.
• D)required to give the book to a student or library.

---

Definitions:

Treasury Securities

Debt instruments issued by the government to finance its expenditures, considered low-risk investments.

On the Run

Refers to the most recently issued (and therefore typically the most liquid) government bonds or securities.

Forward Rate

An agreed-upon rate for a financial transaction that will occur at a future date.

Annual Coupon Bond

A bond that pays interest to the holder annually until maturity, when the face value is also paid back.