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State whether each of the following statements is true or false. 1. Convertible bonds are also known as callable bonds. 2. The market rate is
State whether each of the following statements is true or false. 1. Convertible bonds are also known as callable bonds. 2. The market rate is the rate investors demand for loaning funds. 3. Annual interest payments on bonds are equal to the face value times the stated rate. 4. The present value of a bond is the value at which it should sell in the market.
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