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2 . The premium is that portion of a nominal interest rate or bond yield that represents compensation for expected future loss in purchasing power
2 . The premium is that portion of a nominal interest rate or bond yield that represents compensation for expected future loss in purchasing power a) Default risk b ) Taxability C ) Liquidity d ) Inflation e Interest rate risk
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Auditing Cases An Interactive Learning Approach
Authors: Steven M Glover, Douglas F Prawitt
4th Edition
978-0132423502
