Q.

The present value of a coupon bond is:

A. the present value of the coupon payments plus the future value of the principle payment.
B. the sum of the coupon payments and the principle payment.
C. the sum of the coupon payments.
D. the present value of the coupon payments and the present value of the principle payment.
Answer» D. the present value of the coupon payments and the present value of the principle payment.
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