Finance theory suggests that the current market value of a bond is based upon which of the following?
A) the future value of interest paid on a bond
B) the sum total of principal and interest paid on a bond
C) the sum of the present value of the bond's interest payments and the present value of the principal
D) the present value of a bond's par value plus the future value of the bond's present value
Correct Answer:
Verified
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