The principal value of a bond generally is written on the outside cover of the debt contract, so it is sometimes called the:
A. maturity value.
B. premium value.
C. yield value.
D. face value.
E. discounted value.
Answer: D
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Answer the following statement true (T) or false (F)
One means to reduce uncertainty in business communication is to increase the number of competing messages in the environment
Indicate whether the statement is true or false
Leases for longer than ________ usually have to be in writing
A) six months B) one year C) eight months D) two months
Which of the following statements is CORRECT?
A. A time line is not meaningful unless all cash flows occur annually. B. Time lines are not useful for visualizing complex problems prior to doing actual calculations. C. Time lines can be constructed to deal with situations where some of the cash flows occur annually but others occur quarterly. D. Time lines can only be constructed for annuities where the payments occur at the end of the periods, i.e., for ordinary annuities. E. Time lines cannot be constructed where some of the payments constitute an annuity but others are unequal and thus are not part of the annuity.