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Jordan bought a bond that paid 4% interest for $675.56. Ten years later, he received $1,000. This bond was? A.convertible bond. B. zero coupon bond.
Jordan bought a bond that paid 4% interest for $675.56. Ten years later, he received $1,000. This bond was?
A.convertible bond.
B. zero coupon bond.
C. self-amortizing bond.
D. discount bond.
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