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A 20-year bond pays 12% annual interest. The current market yield to maturity is 10%. The appropriate interest factors (time value of money) can be

A 20-year bond pays 12% annual interest. The current market yield to maturity is 10%. The appropriate interest factors (time value of money) can be found in the tables under 10% for 20 periods, or if calculated algebraically would be 10% from 20 periods. True or False

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