A Bond Is Issued at a Discount When Its Face

question 119

True/False

A bond is issued at a discount when its face value is greater than its issue price.

---

Definitions:

Simp

A slang term often used to criticize a person who is perceived as giving excessive attention to someone they have an interest in, typically in a way that is not reciprocated.

Conj

An abbreviation for "conjunction," which is a compound statement formed by combining two statements with the word "and."

Add

To combine or join something with another, resulting in a sum or total.

Sex-Linked

A characteristic, such as a genetic disorder, that is determined by genes located on the sex chromosomes, typically the X or Y chromosome.