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    Principles of Corporate Finance Study Set 4
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    Exam 5: Financial Markets, Institutions, and Securities
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    ___________Bonds Are Characterized by Interest Payments That Are Required Only
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___________Bonds Are Characterized by Interest Payments That Are Required Only

Question 51

Question 51

Multiple Choice

___________bonds are characterized by interest payments that are required only when earnings are available from which to make such payment.


A) Mortgage
B) Floating rate
C) Income
D) Junk

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