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Alli Kamal Loaned Textron Corporation $1,000 in the Form of a Bond

Question 120

Multiple Choice

Alli Kamal loaned Textron Corporation $1,000 in the form of a bond purchase. Textron must pay back the $1,000 on August 1, 2015. The $1,000 is known as which of the following?


A) premium amount
B) market value
C) principal
D) book value

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