Once a Bond Has Been Sold to a Bondholder,it May

question 154

True/False

Once a bond has been sold to a bondholder,it may not be re-sold to other investors,but must be held by the first buyer until maturity.

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Definitions:

Great Depression

A severe worldwide economic downturn that lasted from 1929 to the late 1930s, marked by massive unemployment and the fall of global trade.

Unemployment Rate

The percentage of the labor force that is without a job and actively looking for employment.

South's Economy

A reference to the economic conditions, structures, and performance of the geographic region known as the South, focusing on its unique economic drivers and challenges.

Tobacco

A plant product containing the stimulant nicotine, which is used in cigarettes, cigars, and other smoking or chewing products.