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When a bond sells at a premium: Multiple Choice The contract rate is equal to the market rate. The bond pays no interest. It means
When a bond sells at a premium: Multiple Choice The contract rate is equal to the market rate. The bond pays no interest. It means that the bond is a zero coupon bond. The contract rate is above the market rate. The contract rate is below the market rate
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Strategic Accounting For Management
Authors: Bob Ryan
1st Edition
1861524625, 9781861524621
