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Bonds and Equity Characteristics and Valuation 1. __________ is the term for the principal amount that the issuer is obligated to repay at maturity. a.

Bonds and Equity Characteristics and Valuation

1. __________ is the term for the principal amount that the issuer is obligated to repay at maturity.

a. Security

b. Par value

c. Perpetuity

d. Bearer bond

2. ___________ can be changed, or converted, at the investor

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