Ordinarily,the Proceeds from the Sale of a Bond Issue Will

question 54

Multiple Choice

Ordinarily,the proceeds from the sale of a bond issue will be equal to:

• A)The face amount of the bond.
• B)The total of the face amount plus all interest payments.
• C)The present value of the face amount plus the present value of the stream of interest payments.
• D)The face amount of the bond plus the present value of the stream of interest payments.

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