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The Issuer of a Bond Promises to Make _ ________

Question 68

Multiple Choice

The issuer of a bond promises to make _ ________ payments at specified times and repay the_______ at some point in the future and the bond's price in the market _______fluctuate over the life of the bond.


A) interest; principal; cannot
B) principal; interest; can
C) interest; principal; can
D) principal; interest; cannot

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