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23. Bonds are a financial instruments. a. debt b. equity c. government only d. corporate only 24. Corporate bonds are priced at higher coupon rates

23. Bonds are a financial instruments. a. debt b. equity c. government only d. corporate only 24. Corporate bonds are priced at higher coupon rates than government bonds due to risk that government bonds do not have. a. Simple b. Default c. Compound d. Uneven

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