Question
What are the two promises which a bond issuer makes to the buyer of its bonds? A. To repay the face amount of the bond
What are the two promises which a bond issuer makes to the buyer of its bonds?
A. To repay the face amount of the bond at maturity date and to pay in cash interest on the face amount of the bond at the stated rate from the issue date until maturity
B. To repay the face amount of the bond at issue date and to pay in cash interest on the face amount of the bond at the stated rate from the issue date until maturity
C. To repay the face amount of the bond at maturity date and to pay in cash interest on the face amount of the bond at the market rate from issue date until maturity
D. To repay the face amount of the bond at issue date and to pay interest on the face amount of the bond at the market rate from the issue date until maturity
E. None of the above
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