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What Does Non-Amortized Debt Mean

Question 9

Multiple Choice

What does non-amortized debt mean?


A) Interest payments are constant over the life of the bond.
B) Interest payments are based on current market rates for bonds of similar risk.
C) No repayment of principal is made during the life of the bond.
D) The face value of the bond is not repaid to the lender.

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