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James owns a bond issued by Apple Inc that will pay him $40 each year in interest plus $1,000 as a principal payment at maturity.
James owns a bond issued by Apple Inc that will pay him $40 each year in interest plus $1,000 as a principal payment at maturity. What is the $1,000 called?
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International Financial Management
Authors: Jeff Madura, Roland Fox
5th Edition
1473770505, 978-1473770508
