A bond is a financial security that represents a promise to repay
A) a yearly interest payment and a principal payment.
B) a yearly principal payment only.
C) a yearly interest payment only.
D) Bonds are investments that do not promise any kind of repayment.
A
You might also like to view...
Who is associated with the following summary of the economic way of thinking: "The theory of economics does not furnish a body of settled conclusions immediately acceptable to policy
It is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its processer draw correct conclusions." A) Adam Smith B) John Maynard Keynes C) President Harry Truman D) Alfred Marshall
For a consumer to maximize utility, he will choose
A. the point where the slope of the budget line equals the slope of the indifference curve. B. any point where the budget line and indifference curve intersect. C. the point where he gets the most of the good he prefers most. D. the point where the marginal rate of substitution is greatest. E. the point where marginal utility is zero for both goods.
One way investment banks differ from commercial banks is that investment banks
A) do not take in deposits. B) lend exclusively to households. C) only buy and sell mortgages. D) trade only in foreign exchange markets.
Refer to the above figure. Which point or points represent(s) a short-run equilibrium?
A. A only B. B only C. C only D. both A and B