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Ordinarily, the Proceeds from the Sale of a Bond Issue

Question 76

Multiple Choice

Ordinarily, the proceeds from the sale of a bond issue will be equal to:


A) The face amount of the bond.
B) The total of the face amount plus all interest payments.
C) The present value of the face amount plus the present value of the stream of interest payments.
D) The face amount of the bond plus the present value of the stream of interest payments.

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