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With Respect to Government of Canada Bonds, All of the Following

Question 70

Multiple Choice

With respect to Government of Canada bonds, all of the following are true except:


A) the par value of a bond is returned to the bondholder on the maturity date.
B) the coupon rate is expressed as a percentage of par value.
C) face value and par value often differ due to changes in economic conditions.
D) the holder will receive the face value of the bond at maturity.

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