What Is the Difference Between a Functional Need and a Psychological

question 79

Essay

What is the difference between a functional need and a psychological need? How can getting a college education fulfill both types of needs?

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Definitions:

Coupon Payments

Coupon payments are periodic interest payments made by bond issuers to bondholders, typically based on the bond's face value and stated interest rate.

Par Value

The face value of a bond or the stock value stated in the corporate charter, often used as a bookkeeping figure rather than the market value.

Corporate Bonds

Debt securities issued by corporations to raise funding, which pay periodic interest payments to investors until the maturity date when the principal is repaid.

Over The Counter

A decentralized market where securities are traded directly between parties without the supervision of an exchange.