Fraudulent Misrepresentation Is Intentionally Misleading Another Person into a Contract

question 168

True/False

Fraudulent misrepresentation is intentionally misleading another person into a contract.

---

Definitions:

Par-Value Bond

A bond that is issued and redeemed at its face value, which is the amount paid to the bondholder at maturity.

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, usually expressed in years.

Bond Duration

A measure of the sensitivity of a bond's price to changes in interest rates, expressed in years.