Multiple Choice
A debt is said to be selling at par, when the _____ of the debt is equal to the _____.
A) par value; discounted value of the interest payments
B) principal value; discount on the issue of a zero coupon bond
C) face value; premium payment on the exercise of a call provision
D) market value; face value of the debt
E) maturity value; par value of the debt
Correct Answer:

Verified
Correct Answer:
Verified
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