Which of the Following Statements Is TRUE About a Bond

question 74

Multiple Choice

Which of the following statements is TRUE about a bond that is issued at a discount?

• A) It will be sold at par.
• B) Its interest rate is higher than the prevailing market rate.
• C) It will repay principal at less than the face value.
• D) It will be sold for less than the face value.

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Definitions:

Lossy Compression

A data compression technique that reduces file size by permanently eliminating certain information, especially in images and audio files, potentially affecting quality.

Original Content

Material such as text, images, videos, and audio that is created and published for the first time by the content creator.

Read Aloud Technology

Technology that converts text into speech, allowing users to listen to written content.

Hearing Disability

A reduced ability to hear sound in one or both ears, ranging in severity from mild to profound impairment.