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The value of any bond should be a. the present value of all the coupon receipts as well as the principal (par value) repayment at
The value of any bond should be
a. | the present value of all the coupon receipts as well as the principal (par value) repayment at the bonds maturity. | ||
b. | the future value of all the coupon receipts as well as the principal (par value) repayment at the bonds maturity. | ||
c. |
| ||
d. | none of the above |
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