$4\mathrm{.}6$points

Time Remaining $2$ hours $9$ minutes $58$ seconds

$02$:$09$:$58$

Item $10$

Time Remaining $2$ hours $9$ minutes $58$ seconds

$02$:$09$:$58$

Ordinarily, the proceeds from the sale of a bond issue will be equal to the:

Multiple Choice

Face amount of the bond plus the present value of the stream of interest payments.

Face amount of the bond.

Present value of the face amount plus the present value of the stream of interest payments.

Total of the face amount plus all interest payments.