When bonds are sold for less than the face amount, this means that the

a. maturity value will be less than the face amount.
b. maturity value will be greater than the face amount.
c. bonds are sold at a premium.
d. face rate of interest is less than the market rate of interest.


d

Business

You might also like to view...

Discuss the term "organizational culture".

What will be an ideal response?

Business

A virtual private network:

a. is a password-controlled network for private users rather than the general public. b. is a private network within a public network. c. is an Internet facility that links user sites locally and around the world. d. defines the path to a facility or file on the web. e. none of the above is true.

Business

Which of the following is an example of a performance objective a sales manager might set for his sales force?

A) Each salesperson must call on three new prospects each week. B) Each salesperson should belong to a community service organization. C) Each salesperson should have at least $400,000 in net sales annually. D) Each salesperson must get at least one referral from each customer. E) Each salesperson must make a follow-up call within 48 hours of a sale.

Business

Choose the correct word or words in parentheses. Ms. Ramirez arranged a training session for him and (I, me)

Business