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What the amount of cash the issuer receives is

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Reference no: EM132779154

Problem 1: If bonds are sold between interest payment dates, the amount of cash the issuer receives is

A. more than the market value of the bonds.

B. less than the market value of the bonds.

C. equal to the market value of the bonds.

D. equal to the face value of the bonds.

Reference no: EM132779154

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