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The issue price of a bond is equal to the: Multiple Choice a/ present value of the interest only. b/ future value of the face
The issue price of a bond is equal to the:
Multiple Choice
a/ present value of the interest only.
b/ future value of the face amount plus the future value of the periodic interest payments.
c/ future value of the face amount only.
d/ present value of the face amount plus the present value of the periodic interest payments.
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