In theory (disregarding any other marketplace variables), the proceeds from sale of a bond will be equal to?
Posted by MarkJul 27
(a) the face amount of the bond
(b) the present value of the bond maturity value plus the present value of the interest payments to be made during the life of the bond
(c) the face amount of the bond plus the present value of the interest payments made during the life of the bond
(d) the sum of the face amount of the bond and the periodic interest payments
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(b) the present value of the bond maturity value plus the present value of the interest payments to be made during the life of the bond