Which One of the Following Terms Applies to a Bond

question 103

Multiple Choice

Which one of the following terms applies to a bond that initially sells at a deep discount and only makes one payment to bondholders?

• A)Callable
• B)Income
• C)Zero coupon
• D)Convertible
• E)Tax-free

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Definitions:

John McCain

An American politician and military officer who served as a United States Senator from Arizona from 1987 until his death in 2018 and was the Republican nominee for President in 2008.

Glenn Beck

An American conservative political commentator, radio host, and television producer, known for his right-wing views, and the founder of TheBlaze, a multiplatform news and entertainment network.

Ben Bernanke

is known as a prominent economist who served as the Chairman of the Federal Reserve, the central banking system of the United States, from 2006 to 2014.