If the required rate of return on a bond (rd) is greater than its coupon interest rate and will remain above that rate, then the market value of the bond will always be below its par value until the bond matures, at which time its market value will equal its par value. (Accrued interest between interest payment dates should not be considered when answering this question.)
Answer the following statement true (T) or false (F)
True
You might also like to view...
Which of the following is not a normal edit test as part of computerized control for checks?
a. Field checks. b. Self-checking digits. c. Cross-references. d. Reasonableness tests.
CallTalk Corporation, a smartphone and phone-time seller, chooses to use and register "calltalk" as its domain name. Later, CallTalk's less successful competitor, CellTalk Company, chooses to use and register "caltalk" (an intentional misspelling of "calltalk") as its domain name. Still later, Call&Talk, Inc, uses the domain name "callltalk" (also a deliberate misspelling of "calltalk") without
CallTalk's authorization, to sell pornographic phone conversations. Refer to Fact Pattern 7-2. Call&Talk's use of the domain name "callltalk," without CallTalk's authorization, to sell pornographic phone conversations, is A) a legitimate marketing technique. B) a fair use. C) a license. D) trademark dilution.
________ is a way of delivering content to learners in small, very specific bursts. With such learning, individuals are in control of what and when they're learning.
A. Microtraining B. Macrolearning C. Micromanagement D. Microlearning
Suppose that you were thinking about leasing a new vehicle. Which of the following should not be an important consideration?
A) I drive less than 15,000 miles annually. B) I like to get a new car every few years. C) I dislike the hassle of trading-in or selling cars. D) It's the only way I can afford the vehicle that I want. E) I dislike the hassle of maintenance.