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Which of the following is true of fixed-rate bonds?
Multiple Choice
a) Returns from fixed-rate bonds are dependent on the profitability of the issuing company.
b) Investors get back the face value of the bond at maturity of fixed-rate bonds.
c) Fixed-rate bonds issue cash payoffs only at maturity of fixed-rate bonds.
d) Investors get a share of the company’s profit when using fixed-rate bonds.

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