Series 7 - General Securities Representative Exam
Training Mode
Which of the following describes OID - Original Issue Discount?
A form of interest on a DPP issued at less than its face amount
A
A form of interest on an derivative instrument such as an option issued at less than its face amount
B
A form of interest on an equity instrument such as a stock issued at less than its face amount
C
A form of interest on a debt instrument such as a bond or note issued at less than its face amount
D