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Which of the Following Are Characteristics of a Premium Bond

question 33

Multiple Choice

Which of the following are characteristics of a premium bond?
I.coupon rate < yield-to-maturity
II.coupon rate > yield-to-maturity
III.coupon rate < current yield
IV.coupon rate > current yield


Definitions:

Holothuroidea

Holothuroidea, commonly known as sea cucumbers, are echinoderms with elongated bodies and leathery skin, representing a major group of the phylum Echinodermata.

Tunicates

Chordates belonging to subphylum Urochordata; sea squirts.

Tadpoles

The aquatic larval stage of amphibians, especially frogs and toads, characterized by gills, a tail, and a later transition to the adult form.

Tunic

In a biological context, a fibrous or cellular covering layer, such as that surrounding certain seeds or the body of sea squirts and other invertebrates.

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