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IBM company sells a bond with 10 percent coupon interest rate today. The coupon rate of the bond A. does not change. B. will vary
IBM company sells a bond with 10 percent coupon interest rate today. The coupon rate of the bond
A. does not change.
B. will vary with changes in market interest rates.
C. will change with changes in the inflation rate.
D. can be changed by the issuer later.
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