Any securities representing a creditor relationship, whereby there is a fixed schedule for one or more future payments are called:
Answer(s): D
The amount the owner expects to receive when the bond matures is known as:
Answer(s): C
If the price is higher than par, the excess is the ; if the price is lower than par, the deficiency is the .
The amount of the impairment is the difference between the net fair value (appraised) value less estimated costs to sell) of the collateral and the insurer's recorded investment in:
Answer(s): A
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