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The price of a typical bond when first issued: a. is $1000. b. depends on current interest rates for that quality of bond. c. depends

The price of a typical bond when first issued:

a.

is $1000.

b.

depends on current interest rates for that quality of bond.

c.

depends on the length of the bond's life until maturity.

d.

depends on the frequency of bond interest payments.

e.

none of the above.

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