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17 October, 13:24

The Principal of a bond is:

a. The interest the investor earns for purchasing the bond.

b. The initial investment made by the investor.

c. The date the money is due to the investor.

d. None of the above.

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Answers (1)
  1. 17 October, 14:46
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    For bonds, principal generally refers to the bonds face value or the par value.
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