Which of the following are TRUE for discount bonds?
A) A discount bond is bought at par.
B) The purchaser receives the face value of the bond at the maturity date.
C) U.S. Treasury bonds and notes are examples of discount bonds.
D) The purchaser receives the par value at maturity plus any capital gains.
B
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a. Equifax b. Experian c. American Express d. Trans Union
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A. risk neutral. B. an unfair gamble. C. efficient. D. inefficient.
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