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This morning, Jeff found an aged bond certificate lying on the street. He picked it up and noticed that it was a 50-year bond that matured today. He presented the bond to the bank teller at his local bank and received payment for both the entire principal and the final interest payment. The bond that Jeff found must have been which one of the following?

Debenture

Callable bond

Registered-form bond

Note

Bearer-form bond

Financial Management, Finance

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