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The structure of repayment for most long-term bonds consists of a.fixed coupon payments every year until maturity. b.interest payments that vary by the yield to
The structure of repayment for most long-term bonds consists of
a.fixed coupon payments every year until maturity.
b.interest payments that vary by the yield to maturity each year.
c.fixed coupon payments each year plus the face value or par value at maturity.
d.converted paymentsfrom interest to dividends halfway to the bond's maturity.
e.a balloon payment at maturity.
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