Which of the Following Statements Is Not Correct

question 30

Multiple Choice

Which of the following statements is not correct?

• A)The bond principal is the amount due at the maturity date of the bond.
• B)The coupon rate is used to determine the cash interest payments.
• C)The bond principal is used to determine the cash interest payments.
• D)The market rate of interest is used to determine the cash interest payments.

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