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Which of the following is not a characteristic of bonds? The bondholder has the right to receive periodic interest payments at a specified percent

Which of the following is not a characteristic of bonds? The bondholder has the right to receive periodic interest payments at a specified percent of the bond's face value The bondholder has the right to receive the face value of the bond at a specified date in the future A long term liability results Bondholders have the same rights as shareholders

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