(I) A simple loan requires the borrower to repay the principal at the maturity date along with an interest payment
(II) A discount bond is bought at a price below its face value, and the face value is repaid at the maturity date.
A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.
C
Business
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