Which of following statements about bonds is NOT true?
A. Bonds have a variable term.
B. The face value of a bond is the amount to be paid at maturity.
C. The maturity of a bond refers to the period over which payments are made.
D. When interest rates rise, the present discounted value of a bond falls.
A. Bonds have a variable term.
You might also like to view...
The equilibrium price for a British pound is $1.60. At a price of $1.75 per British pound, there would be excess __________ the dollar and the dollar would __________
A) supply of; appreciate B) supply of; depreciate C) demand for; appreciate D) demand for; depreciate
Poverty and illness interact in a reciprocal relationship that is not equally strong in both directions
Indicate whether the statement is true or false
Economic growth and development in LDCs are low because many of them lack:
a. saving. b. infrastructure. c. a political environment favorable to growth. d. All of these.
What is a currency system in which each country tries to keep the value of its currency constant against one another called?
What will be an ideal response?