Final answer:
Liquidity is not a basic component of bonds, which consist of par value, coupon rate, and maturity.
Explanation:
Liquidity is not one of the basic components of bonds. The basic components of bonds include par value, coupon rate, and maturity. Par value is the amount the borrower agrees to pay the investor at maturity, coupon rate is the interest rate paid periodically, and maturity is the date when the face value and final interest payment are repaid.
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