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Q 27 Which of the following is true regarding bonds? If a bond sells below par value it is known as a discount bond If

Q 27

Which of the following is true regarding bonds?

If a bond sells below par value it is known as a discount bond

If a bond is selling above par below it is known as a premium bond

Long-term bonds have lower interest rate risk than do short-term bonds

A & B are both true

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