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There are several terms for interest rates associated with bonds that mean the same thing. Which of the following is a term for the annual

There are several terms for interest rates associated with bonds that mean the same thing. Which of the following is a term for the annual interest rate specified within the bond contract?

Multiple Choice

  • The stated rate of interest.

  • The market rate of interest.

  • The effective rate of interest.

  • The actual rate of interest.

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