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| 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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