Business, 21.12.2021 08:00 bad32

24-Payments on bonds with a 10-year term are usually made as follows: a. The par value (face value) of the bond plus all the interest on the bond is paid in a single payment at the end of the 10th year.
b. One-tenth of the par value of the bond is paid yearly and the interest for the entire 10-year bond term is paid in a single payment at the end of the 10th year.
c. Interest is paid periodically throughout the bond term with the par value paid in a single payment at the end of the 10th year.
d. Equal periodic payments which include both interest and a reduction in par value of the bonds.

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24-Payments on bonds with a 10-year term are usually made as follows: a. The par value (face value...

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