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Solve clearly explanation is more important don't copy. 1)If the present value of a bond's cash flows is its purchase price, this means that A)

Solve clearly explanation is more important don't copy.

1)If the present value of a bond's cash flows is its purchase price, this means that

A) The MARR is met or exceeded and it would be recommended to buy the bond.

B) The MARRis not met or exceeded and it would be recommended to buy the bond.

C) The MARR is met or exceeded and it would be advisable not to buy the bond.

D) The coupon rate (dividend on interest) is not reached or exceeded.

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