If an Issuer Sells Bonds at a Date Other Than

question 164

Multiple Choice

If an issuer sells bonds at a date other than an interest payment date:

• A)This means the bonds sell at a premium.
• B)This means the bonds sell at a discount.
• C)The issuing company will report a loss on the sale of the bonds.
• D)The issuing company will report a gain on the sale of the bonds.
• E)The buyers normally pay the issuer the purchase price plus any interest accrued since the prior interest payment date.

---

Definitions:

Industrializing

The process of transforming an economy to be based largely on manufacturing industries rather than agriculture.

Food Aid

Assistance given in the form of food to individuals or regions in need, often provided during crises or for development projects.

Agricultural Development

The process and strategies aimed at improving the economy and living standards through increased productivity, efficiency, and sustainability in farming and related agricultural activities.

Dependence

A condition where an entity relies on another for support, sustenance, or survival.