Which of Following Statements About Bonds Is NOT True

question 53

Multiple Choice

Which of following statements about bonds is NOT true?

• A) Bonds have a variable term.
• B) The face value of a bond is the amount to be paid at maturity.
• C) The maturity of a bond refers to the period over which payments are made.
• D) When interest rates rise, the present discounted value of a bond falls.

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