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How Is the Issue Price for a Bond Determined? What

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How is the issue price for a bond determined? What are the three alternative states of the bond issue price?


Definitions:

Criminal Liability

The legal responsibility for committing acts that are proscribed by criminal law and subject to punishment.

Misdemeanor

A criminal offense that is less serious than a felony and typically punishable by fines, community service, probation, or short-term imprisonment.

Disturbing the Peace

A criminal offense involving acts that disrupt the public order, such as excessive noise or violent behavior in a public place.

Convicted

Found guilty of a crime following a trial or through a guilty plea in a court of law.

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