When is a bond's par value generally repaid?
(A) When interest rates change.
(B) After 30 years.
(C) At maturity.
(D) When the lender demands it.
Ans: (C) At maturity.
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Which of the following is requirement of an independent contractors relationship between a broker and a salesperson?
A. The salesperson must earn 50% or more of his/her annual income from real estate transactions. B. the broker is required to withhold federal and state income taxes. C. The broker must provide benefits such as health insurance and worker's compensation. D. The salesperson must enter into a written agreement with the broker.
Sandra believes strongly in helping poor people, and she finds employment at a company that donates generously to charity. As a result, Sandra is likely to
A) experience dissatisfaction because her values are not unique. B) feel that her contribution is not needed. C) experience high job performance. D) receive a series of rapid promotions.