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Which of the following statements about bonds is correct? Multiple Choice The face amount of the bond is always equal to its market value. The
Which of the following statements about bonds is correct? Multiple Choice The face amount of the bond is always equal to its market value. The interest expense for a bond with annual interet payments is equal to the market interest ento multiplied by the face value of the bonds The cash interest payment for a bond with annual payments is equal to the stated interest rate multiplied by the face value of the bonds The face amount of the bonds will change during the life of the bonds as market interet rutes change
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