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TB MC Qu. 10-40 (Static) Which of the following statements is... Which of the following statements is not correct? Multiple Choice The bond principal is

TB MC Qu. 10-40 (Static) Which of the following statements is...

Which of the following statements isnotcorrect?

Multiple Choice

  • The bond principal is the amount due at the maturity date of the bond.
  • The coupon rate is used to determine the cash interest payments.
  • The bond principal is used to determine the cash interest payments.
  • The market rate of interest is used to determine the cash interest payments.

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