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    Principles of Macroeconomics Study Set 3
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    Exam 8: Saving, Investment, and the Financial System
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    Which of the Following Best Describes a Characteristic of a Bond
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Which of the Following Best Describes a Characteristic of a Bond

Question 1

Question 1

Multiple Choice

Which of the following best describes a characteristic of a bond?


A) The maturity of a bond refers to the amount to be paid back.
B) The principal of the bond refers to the person selling the bond.
C) A bond buyer cannot sell a bond before it matures.
D) The interest paid by a bond depends on its price.

Correct Answer:

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