The principal value is also referred to as the maturity value because:?

A. it is always repaid at maturity in one installment.?
B. ?it is written on the face of the debt contract.
C. ?it is repaid at the maturity date.
D. ?it is added to interest payments to be repaid at the maturity date.
E. ?it is issued at a value below par value to generate a positive capital gain.


Answer: C

Business

You might also like to view...

In a just-in-time logistics system, ________

A) retailers carry small inventories of merchandise to last for only a few days B) retailers store products for long periods to avoid an interruption in supply C) producers supply products to resellers before customers place their orders D) producers that are geographically far from their retailers use an express-delivery system E) retailers incur high inventory-carrying and inventory-handling costs

Business

In Total Quality Management (TQM) programs, the emphasis is on

a. distributing the decision-making power throughout the organization. b. limiting the role of each employee in the organization. c. increasing functional and departmental boundaries. d. eliminating the middle management layer.

Business

Which of the following is the most important responsibility of a purchasing officer?

A) getting the best quality B) ensuring goods are delivered on time C) selecting the best source D) getting the best price

Business

Calculate the monthly family premium when the individual annual premium is $1,500, the employer contributes $50 per month, and the family coverage is an additional $72 per month

Business