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Which of the following is true of bonds? a Since bonds have a face value of $1,000, they can be purchased at any time for

Which of the following is true of bonds?

a

Since bonds have a face value of $1,000, they can be purchased at any time for $1,000.

b

Once purchased, bonds cannot be sold and must be held until maturity.

c

Investors in bonds are part owners of the corporation that issued the bonds.

d

For the corporation that issues bonds, bonds are a way to fund its assets.

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