A(n) ________ is issued with no or very low coupon and sells significantly below its par value

A) income bond
B) zero or low coupon bond
C) mortgage bond
D) subordinated debenture


B

Business

You might also like to view...

Suppose the Fed follows the Taylor rule. Which of the following is likely to happen if the Fed overestimates potential output??

A. ?The inflation rate will rise. B. The federal funds rate will fall.? C. ?The money supply will decrease. D. ?The income tax rates will increase.

Business

What should employees typically do to earn bonuses under the Scanlon plan?

A. They should improve their performance year after year so that they re-earn the bonus during each performance period. B. They should follow a defined set of quality standards to produce the desired outcome. C. They should produce products at a rate much higher than the standard production time. D. They should keep labor costs to a minimum and produce as much as possible with that amount of labor. E. They should create goodwill with customers and close as many sales as possible.

Business

The ________ is a federal statute that authorizes the Environmental Protection Agency (EPA) to regulate facilities that generate, treat, store, transport, and dispose of hazardous wastes

A) Resource Conservation and Recovery Act B) Clean Water Act C) Toxic Substances Control Act D) Comprehensive Environmental Response, Compensation, and Liability Act

Business

Quay Trucking Service tells Rafethat it will pay him $50 if he unloads a certain truck at the Shipping Warehouse. Rafe's acceptance is complete

a. as soon as Rafe says he will unload the truck. b. once Rafe starts to unload the truck. c. only after Rafe unloads the truck. d. when Rafe hears Quay's offer.

Business