In theory (disregarding any other marketplace variables), the proceeds from the sale of a bond will be equal to the
a. face amount of the bond.
b. 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. face amount of the bond plus the present value of the interest payments made during the life of the bond.
d. sum of the face amount of the bond and the periodic interest payments.
B
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What will be an ideal response?
An agent making a proper contract with a third person on behalf of a disclosed principal: A) has no personal liability on the contract
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