Some Schools Take the Approach That the Primary Customer for Their

question 5

Multiple Choice

Some schools take the approach that the primary customer for their business are ___________.

• A) Students
• B) Graduate schools
• C) Parents
• D) Companies that hire the students
• E) None of the above

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Definitions:

Discount

A reduction from the full amount or value of an item or security, often applied to bonds sold below their face value or to promote sales of products.

Coupon Interest Rate

The percentage of a bond's value that is paid out in interest to the bondholder annually, identical to the coupon rate.

Yield To Maturity

The total return anticipated on a bond if it is held until it matures, considering all interest payments and the repayment of principal.

Par Value

The face value or nominal value of a bond, share of stock, or other financial instrument, usually representing its value upon issuance.