Answer:
Bondholders have a degree of legal protection against default risk, but it is not comprehensive.
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
The par value of a bond is its face value and it comprises of its total dollar amount as well as its maturity value. Also, the par value of a bond gives the basis on which periodic interest is paid. Thus, a bond is issued at par value when the market rate of interest is the same as the contract rate of interest. This simply means that, a bond would be issued at par (face) value when the bond's stated rated is significantly equal to the effective or market interest rate on the specific date it was issued.
In Economics, bonds could either be issued at discount or premium. A bond that is being issued at a discount has its stated rate lower than the market interest rate, on the specific date of issuance while a bond that is issued at a premium, has its stated rate higher than the market interest rate on the specific date of issuance.
Default risk in bonds refer to the risk that a bond issuer (borrower) is unable to pay the principal or interest agreed upon in the contract with the bondholder (lender) in a timely manner.
Hence, the true statement about default risk is that bondholders have a degree of legal protection against default risk, but it is not comprehensive.
A. Women face wage discrimination and experience lower pay within similar professions compared to men.
Answer:
The correct choice is <u>psychotherapy perspective</u>.
Explanation:
In a psychotherapy perspective the leaders will try to look at the problems faced by followers from an emotional and a mindfulness perspective.
In a psychotherapy perspective, leaders understand that the people need support to resolve their problems and leaders help them in every possible way.
The leaders understand that followers will learn to solve a problem more efficiently if they face the problem.
In an adaptive leader viewpoint, the leaders believe that followers shall learn to adapt to new changes.
Answer: Option B
Explanation: In simple words, multiplier effect refers to the process under which a particular amount of expenditure results in the change in income greater than the amount of that expenditure made.
Usually this is used to depict the impact of the expenditures made by the government to boos the economy.
Hence from the above we can conclude that the correct option is B.