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The provision that facilitates the orderly retirement of the bond issue is known as A. a retractable clause B. a redemption clause C. a retirement
The provision that facilitates the orderly retirement of the bond issue is known as
- A. a retractable clause
- B. a redemption clause
- C. a retirement clause
- D. a sinking fund
The par value of the bond is also
- A. is calculated as coupon rate * 1000
- B. the price of the bond
- C. is zero for a zero coupon bond
- D. the principal paid at the time of maturity
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
