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If the market rate of interest is 12% and the coupon rate of interest is 10% bonds would trade at: a premium a discount face
If the market rate of interest is 12% and the coupon rate of interest is 10% bonds would trade at:
| a premium | ||
| a discount | ||
| face value | ||
| the circus |
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Financial Accounting Reporting And Analysis
Authors: Michael Diamond, James Stice, Earl K. Stice, James D. Stice
5th Edition
0538873019, 978-0538873017
