When a person buys a bond of the XYZ Corporation, he or she can expect to
A. pay the corporation a certain amount of money each quarter of the year.
B. receive the face value of the bond each year and the face value of the bond when the bond matures.
C. receive the coupon rate times the face value of the bond each year and the face value of the bond when the bond matures.
D. receive the face value of the bond each year in perpetuity.
Answer: C
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Define negative externalize and give an example
Please provide the best answer for the statement.
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