The Excess of a Bond's Issue Price Over Its Face

question 91

Multiple Choice

The excess of a bond's issue price over its face value is known as the:

• A) discount
• B) premium
• C) contract interest
• D) effective-interest

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Definitions:

Job Enrichment

A method of motivating employees by giving them more responsibility and variety in their jobs.

Frederick Herzberg

An influential American psychologist known for his work on job motivation and satisfaction, particularly the Two-Factor Theory which differentiates between motivators and hygiene factors.

Contingency Workers

Employees who are hired on a temporary basis or for specific projects rather than being permanent staff.

Part-Time

A type of employment status where the worker is employed for fewer hours per week than a full-time employee, often offering flexible schedules.