The principal of a bond is ________. the person who sold the bond for...
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Accounting
The principal of a bond is ________.
- the person who sold the bond for the company
- the person who bought the bond
- the interest rate printed on the front of the bond
- the face amount of the bond that will be paid back at maturity.
A convertible bond can be converted into ________.
- preferred stock
- common stock and then converted into preferred stock
- common stock of a different company
- common stock of the company
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