A _______ Makes Only a Single Payment of Face Value

question 35

Multiple Choice

A _______ makes only a single payment of face value at maturity.

• A) Treasury bond
• B) Treasury note
• C) certificate of deposit
• D) pure discount security
• E) nominal security

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Definitions:

Market Changes

Alterations or shifts in the conditions of a market, which can include changes in consumer preferences, technological advancements, or variations in supply and demand.

Necessity

A good or service that is essential for survival and basic quality of life, such as food and shelter.

Few Substitutes

A market condition where there are limited alternatives available for a particular product or service, potentially leading to higher prices.

Price-Inelastic

Describes a situation where the demand for a good or service is relatively unchanged despite changes in its price.