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The interest rate of a bond is equal to the A.difference between the face value and the initial price all divided by the face value.

The interest rate of a bond is equal to the

  • A.difference between the face value and the initial price all divided by the face value.
  • B.difference between the face value and the initial price.
  • C.difference between the face value and the initial price all divided by the initial price.
  • D.sum of the face value and the initial price all divided by the face value
  • E.sum of the face value and the initial price all divided by the initial price.

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