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How are mortgage-style notes different from bonds? A. Notes typically require only one large payment of both interest and principle. B. Notes typically have a
How are mortgage-style notes different from bonds?
A. Notes typically require only one large payment of both interest and principle.
B. Notes typically have a series of interest payments and one final principle payment.
C. Notes typically require a series of payments that include both interest and principle.
D. Note payments are usually made at the beginning of the period and bonds the end.
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