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A clinical psychologist examined the effect of a treatment designed to reduce the amount of cigarette smoking in the day room of an inpatient psychiatric facility.His treatment consisted of a several components to maximize its potential effectiveness (e.g. ,increasing the number of available activities;giving patients responsibility for care of the unit's plants,fish,etc. ;the opportunity to exchange cigarettes for positive reinforcers) .At the end of three months,his data indicated that cigarette smoking had declined significantly.Based on this,he is able to conclude that
Bond Discount
The difference between the bond's face value and its selling price when the bond is sold for less than its face value.
Premium on Bonds
The amount by which the price paid for a bond exceeds its face value, typically because the interest rate it pays is higher than the market rate.
Maturity
The date on which a debt or other borrowing is due to be repaid in full, or when an investment reaches its full value.
Bond's Discount
The difference between the face value of a bond and its selling price when sold for less than its face value.
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