_____ of a note or bond at any date subsequent to the initial borrowing equals the present value of the future, or remaining, cash flows discounted at an appropriate interest rate.
A)The amount borrowed initially
B)The market value
C)The liquidation value
D)The net realizable value less selling costs
E)choices a and b

Question

Quizplus · Accepted Answer

The Answer of _____ of a note or bond at any date subsequent to the initial borrowing equals the present value of the future, or remaining, cash flows discounted at an appropriate interest rate.
A)The amount borrowed initially
B)The market value
C)The liquidation value
D)The net realizable value less selling costs
E)choices a and b

_____ of a Note or Bond at Any Date Subsequent