The bond issue price is determined by calculating the
A. present value of the stream of interest payments and the future value of the maturity amount.
B. future value of the stream of interest payments and the future value of the maturity amount.
C. future value of the stream of interest payments and the present value of the maturity amount.
D. present value of the stream of interest payments and the present value of the maturity amount.
Answer: D
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