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A bond's ___ refers to its face value and the amount of money that the issuing entity borrows and promises to repay on the maturity
A bond's ___ refers to its face value and the amount of money that the issuing entity borrows and promises to repay on the maturity date. Suppose you read an article about the Royal Bank bonds. It includes the following information: What is the issuing date of this bond? 12-15-2010 12-15-2040 If the price of the bond is initially discounted and offers no coupon payments, then the bond is called a zero-coupon bond. Which feature of a bond contract allows the issuer to redeem bonds under specified terms prior to maturity? Sinking fund provision Convertible provision Call provision Put provision
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