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Business, 28.02.2020 19:45 mobslayer88

A municipality issues a 30-year zero-coupon bond at deep discount. The bond is callable at 103. The bond is called in Year 10 when its current accreted value is $500. The bondholder will receive:.
A) $500
B) 103% of $500
C) $1,000
D) 103% of $1,000

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A municipality issues a 30-year zero-coupon bond at deep discount. The bond is callable at 103. The...
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