When a Bond Is Sold at a Price Higher Than

question 61

Multiple Choice

When a bond is sold at a price higher than the face value, the difference is known as a:

• A)premium.
• B)discount.
• C)maturity value.
• D)face value.

---

Definitions:

Trainees

Individuals who are undergoing training to enhance their skills or knowledge in a particular area.

Fictitious Cases

Hypothetical scenarios or stories created for the purpose of discussion, analysis, or training, without being based on actual events.

Training Event

A specific occurrence or session within a training program designed to impart specific knowledge or skills to participants.

Behaviour Modelling

A training technique that involves demonstrating a desired behavior in a realistic context so that learners can observe and replicate it.