Apremium bond is defined as a bond that: multiple choice a) has a duration that is less than 1.0. b) has a face value that exceeds its market value. c) is callable at a price which exceeds the face value. d) has a market price that exceeds par value. e) is selling for less than face value.

D) has a market price that exceeds par value

Explanation:

Option A, incorrect, because duration is not less than 1 always and here duration might be less than or equal to maturity.

Option B, incorrect, the face value is less than market value in premium bond.

Option C , incorrect, because a premium bond could be non callable

Option D, correct, because market value of of bond is higher than par value on premium bond.

Option E, correct, it is a discount bond when price is less than par value

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.

the answer is     d. in our global economy, most job growth will be in services, but manufacturing jobs will exist, too.