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    Exam 16: Time, Risk and Options
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    A _____ Is a Combination of an Annuity That Consists
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A _____ Is a Combination of an Annuity That Consists

Question 19

Question 19

Multiple Choice

A _____ is a combination of an annuity that consists of coupon payments and a terminal payment of the par value.


A) share
B) bond
C) perpetuity
D) debenture

Correct Answer:

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