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Which of the following statements is not true? Select one: a. The par value of a bond is the face value and is equal to
Which of the following statements is not true?
Select one:
a. The par value of a bond is the face value and is equal to $1,000.
b. A bond selling at 102.5% of par value is equal to $1,025.
c. The bid price is the price you can buy a bond.
d. All of THESE are true
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