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39.Which of the following statements is false with respect to bonds? a. Firms issue bonds in very large single issues. b. The denomination of the

39.Which of the following statements is false with respect to bonds? a. Firms issue bonds in very large single issues. b. The denomination of the bond is usually referred to as the face value. c. Bonds must be held until maturity by the initial investor. d. Bonds that are not backed by specific collateral of the issuing company are known as debenture bonds.

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