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    Exam 10: Bonds and Stocks: Characteristics and Valuation
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    Which of the Following Constitute Default on a Bond
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Which of the Following Constitute Default on a Bond

Question 45

Question 45

Multiple Choice

Which of the following constitute default on a bond?


A) nonpayment of par value
B) nonpayment of coupon
C) violation of the indenture
D) all the above
E) none of the above

Correct Answer:

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