Examlex
Which of the following is true about cross-cultural communication?
Bank Discount Quote
A method of quoting the price of a short-term money market instrument, like a Treasury bill, as a discount from its face value, not taking into account compound interest.
Face Value
The nominal or dollar value printed on a bond or other financial instrument, representing the amount to be repaid at maturity.
Municipal Bond
A debt security issued by a state, municipality, or county to finance its capital expenditures.
Corporate Bond
A debt security issued by a corporation to raise capital, whereby the issuer promises to repay the principal along with interest at specified dates.
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