Given a Contract Interest Rate of 8

question 1

Multiple Choice

Given a contract interest rate of 8.5%,and a market interest rate of 7.75%,the bonds will be issued at:

• A) par
• B) a premium
• C) a discount
• D) a premium or a discount, depending on the date

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Definitions:

Stimulus Discrimination

The learned ability to differentiate between similar stimuli and respond only to the original stimulus in conditioning.

Extinction

In behavior psychology, the gradual weakening and eventual disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Systematic Desensitization

Therapy technique that involves exposing a client to increasingly anxiety-producing stimuli or situations while having the client relax at the same time.

Counterconditioning

A behavior therapy technique that involves pairing a stimulus that elicits an undesirable response with a new response that is incompatible with the undesirable response.