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Which of the following is false about bonds? The interest rate floats (i.e. it changes when LIBOR changes) The par value and face value equal
Which of the following is false about bonds? The interest rate floats (i.e. it changes when LIBOR changes) The par value and face value equal $1000. The full amount of the principal is due at maturity. Interest is paid semi-annually. The most commonly quoted US Treasury is the 10 year. They are almost always non-prepayable (unless there is a call feature)
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