I would go with <span>people's acceptance of it for exchange.
Hoped I helped :)</span>
Answer:
At par
Explanation:
From the question we are informed about Road Hazards with has 12-year bonds outstanding. The interest payments on these bonds are sent directly to each of the individual bondholders. In this case these direct payments are a clear indication that the bonds can accurately be defined as being issued at par. A par bond can be regarded as bond that is been sold at the exact face value, most mind sells at the face value of $1000, that $1000 is the face value, any par bond usually give an investor a yield which matches the amount of coupon that is associated to the bond.
.
Answer:
Step 1)Know the Flow. The very first thing you'll need to do is determine your monthly cash flow. ...
Step 2) Set a Goal. OK, so you know your cash flow and how much you can set aside to invest. ...
Step 3) Make Sure Your Time Frame Is Realistic. ...
Step 4) Establish Your Asset Allocation. ...
Step 5) Keep Checking.