Which of the Following Statements Is Correct

question 2

Multiple Choice

Which of the following statements is correct?

• A)Bond prices and interest rates are not related.
• B)When a bond's yield equals the coupon rate, the bond sells at a premium.
• C)When a bond's yield is greater than the coupon rate, the bond sells above par.
• D)When a bond's yield is less than the coupon rate, the bond sells above par.

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Definitions:

Labor Relations

The ongoing relationship and interactions between employers and their workforce, often in the context of unions and collective bargaining.

Wages

Financial compensation paid by employers to employees for their labor, typically calculated by hour or piece rate.

Work Rules

Guidelines and regulations established by an employer to define acceptable behavior and ensure an orderly work environment.

Duty of Fair Representation

The legal obligation of a union to represent all members fairly, impartially, and in good faith.