The principal amount of a bond is the amount:
A. of interest the bondholder is entitled to when the bond matures.
B. of interest agreed upon when the bond was originally issued.
C. originally lent.
D. paid to the bondholders on a regular basis.
Answer: C
You might also like to view...
Unemployment rates in the United States during the past 60 years
A) have remained between 4 and 6 percent. B) have risen and fallen in a range between approximately 10 and 25 percent. C) have risen and fallen in a range between approximately 4 and 10 percent. D) have fallen steadily from approximately 10 percent 40 years ago to near 2 percent today. E) have risen steadily and today are near all-time highs.
Forward transactions originated in the market for
A) common stock. B) corporate bonds. C) government bonds. D) agricultural and other commodities.
The founders of the U.S. Constitution clearly understood how to write a document capable of producing the amount of wealth presently accumulated in the U.S
Indicate whether the statement is true or false
The real wage will fall if price ________ the nominal wage
a. decreases more than b. increases more than c. increases less than d. decreases less than