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19. The ______ on a bond is the current required _________ rate. 20. The price at which a dealer will __________ a bond is called
19. The ______ on a bond is the current required _________ rate.
20. The price at which a dealer will __________ a bond is called the bid price.
23. The inflation premium increases the real return. (T/F)
24. The general purpose of protective covenants is to help protect the lenders from bond calls. (T/F)
25. The quoted price of a bond is referred to as the clean price. (T/F)
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