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Calculate value of a perpetuity with even annual cash flows of $15,000 with 8% discount rate. Which of the following is true of bonds? Bonds
Calculate value of a perpetuity with even annual cash flows of $15,000 with 8% discount rate.
Which of the following is true of bonds?
Bonds are an equity instrument. |
Bonds repay the principal to the investor in semi-annual payments only. |
Bonds have default risk. |
Bonds are only issued by governments and municipalities. |
Bonds issue the total interest payment at their maturity. |
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