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1. An amortized loan means that the principal is gradually paid off during the life of the loan. True or False 2. There is no
1. An amortized loan means that the principal is gradually paid off during the life of the loan. True or False
2. There is no difference in value between $100 you received today and $100 you receive one year from today. True or False
3. Coupon payment of a bond doesnt change throughout the bond life. True or False
4. Corporate bond is a short-term promissory note issued by a firm. True or False
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