The ________ Value of a Bond Is Also Called Its

question 24

Multiple Choice

The ________ value of a bond is also called its face value. Bonds which sell at less than face value are priced at a ________, while bonds which sell at greater than face value sell at a ________.

• A) discount; par; premium
• B) premium; discount; par
• C) par; discount; premium
• D) coupon; premium; discount

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Definitions:

Final Modifier

A keyword in Java indicating that a variable cannot be reassigned, a method cannot be overridden, or a class cannot be inherited.

Derived Class

In OOP, it is a class that extends another class, inheriting its methods and properties, allowing for polymorphism and code reuse.

Object Class

A template or blueprint from which objects are created in object-oriented programming.

Ancestor Class

A class from which another class inherits, directly or indirectly. It's a part of the hierarchical inheritance in object-oriented programming.