When the Required Return Is Constant and Equal to the Coupon

question 215

Multiple Choice

When the required return is constant and equal to the coupon rate, the price of a bond as it approaches its maturity date will ________.

• A) remain at par
• B) increase
• C) decrease
• D) change depending on whether it is a discount or premium bond

Understand the purpose and impact of a vision and mission in an organization's planning.

Distinguish between strategic, tactical, and operational plans and their roles in implementing an organization's strategy.

Identify the types of functional plans and their specific purposes within an organization.

Understand the concept of standing plans and how they differ from single-use plans.

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Definitions:

Desirable Behaviors

Refers to actions or reactions that are considered appealing, appropriate, or positive by a social group or cultural standard.

Systematic Desensitization

A behavioral therapy technique used to reduce anxiety and fear responses through gradual exposure to the feared object or situation.

Hierarchy

A hierarchy is a system or organization in which people or groups are ranked one above the other according to status or authority.

Fears

Emotional responses to perceived threats, which can be instinctive or learned through experiences.