An amortized loan means that the principal is gradually paid off during the life of the loan. True or False 2. There is no difference in value between $100 you received today and $100 you receive one year from today. True or False 3. Coupon payment of a bond doesn’t change throughout the bond life. True or False 4. Corporate bond is a short-term promissory note issued by a firm. True or False
An amortized loan means that the principal is gradually paid off during the life of the loan. True or False 2. There is no difference in value between $100 you received today and $100 you receive one year from today. True or False 3. Coupon payment of a bond doesn’t change throughout the bond life. True or False 4. Corporate bond is a short-term promissory note issued by a firm. True or False
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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1. An amortized loan means that the principal is gradually paid off during the life of the loan. True or False
2. There is no difference in value between $100 you received today and $100 you receive one year from today. True or False
3. Coupon payment of a bond doesn’t change throughout the bond life. True or False
4. Corporate bond is a short-term promissory note issued by a firm. True or False
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