Multiple Choice
Which of the following statements is true?
A) A person who buys a bond always pays the face value for the bond.
B) If a corporation issues a bond and Dennis buys it,Dennis becomes one of the owners of the corporation.
C) A stockholder of Firm X is one of the owners of Firm X.
D) The owner of the bond receives periodic payments equal to its coupon rate times the price he paid for the bond.
Correct Answer:
Verified
Correct Answer:
Verified
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