A bond that pays no annual interest but is sold at a discount below its par value is called a:
A. mortgage bond.
B. callable bond.
C. convertible bond.
D. putable bond.
E. zero coupon bond.
Answer: E
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The amount of sales of a product category expected to be achieved under a set of conditions within a specified period of time is known as:
A) market expansion. B) sales forecast. C) market potential. D) sales development.
What is customer alchemy?
A. Tailoring loyalty programs to suit customers' needs B. Creating a group of customers bound together by loyalty to a retailer C. Offering more products to existing customers D. Increasing the data collection from only platinum and gold customers E. Converting iron and gold customers into platinum customers
A company with a high level of operating leverage will:
A) experience fewer fluctuations in income as sales fluctuate than a company with a low level of operating leverage. B) experience wider fluctuations in income as sales fluctuate than a company with a low level of operating leverage. C) earn higher profits than a company with a low level of operating leverage. D) earn lower profits than a company with a low level of operating leverage.
Additional coverage can be added to insurance policies through riders
Indicate whether the statement is true or false