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Which of the Following Is a Characteristic of a Bond

Question 137

Multiple Choice

Which of the following is a characteristic of a bond?


A) A bond represents a promise to repay a fixed amount of funds.
B) The face value or principal plus interest is repaid at a specified period of time.
C) The length of coupon payments is fixed by the stated maturity period.
D) All of these are characteristics of bonds.

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