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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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