Which of the Following Statements Is FALSE

question 94

Multiple Choice

Which of the following statements is FALSE?

• A)The bond certificate typically specifies that the coupons will be paid periodically until the maturity date of the bond.
• B)The bond certificate indicates the amounts and dates of all payments to be made.
• C)The only cash payments the investor will receive from a zero-coupon bond are the interest payments that are paid up until the maturity date.
• D)Usually the face value of a bond is repaid at maturity.

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Definitions:

Dental Coverage

A type of insurance or benefit plan that pays for the cost of dental care services, typically provided through employers.

Prescription Drug

A medication that legally requires a medical prescription to be dispensed.

Outsource

The practice of hiring third-party vendors to perform services or produce goods that were previously handled in-house.

Cafeteria Plans

A type of employee benefit plan that allows workers to choose from a variety of pre-tax benefits, adjusting the plan to their personal needs.