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Which of the following statements is not correct regarding bonds? The coupon interest rate is used to determine the coupon payments The bonds face value

  1. Which of the following statements is not correct regarding bonds?
    1. The coupon interest rate is used to determine the coupon payments
    2. The bonds face value is the amount due at the maturity date of the bond
    3. The bonds face value is used to determine the coupon payments.
    4. The market interest rate on the issuance date is used to determine the coupon payments

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