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Which of the following statements is INCORRECT? Select one: a. To determine the periodic interest payments that a bond makes, multiply the bond stated coupon

Which of the following statements is INCORRECT? Select one: a. To determine the periodic interest payments that a bond makes, multiply the bond stated coupon rate by its face value.

b. The face value of a corporate bond indicates the payment that the issuer promises to make to the bondholder at maturity.

c. Bonds generally have a maturity date while common stocks do not.

d. If a bond has a market value that is HIGHER than its face value, then the required return on the bond must be HIGHER than the bond coupon rate.

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