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Colby & Company bonds pay semiannual interest of $50. They mature in 15 years and have a par value of $1,000. The market rate of

Colby \& Company bonds pay semiannual interest of $50. They mature in 15 years and have a par value of $1,000. The market rate of interest is 8%. This bond is a discount bond. Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. True False

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