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Which of the following statement is incorrect? O Bonds that sell at prices below par are called premium bonds. O Most of the answers are
Which of the following statement is incorrect? O Bonds that sell at prices below par are called premium bonds. O Most of the answers are correct except one. The largest investors in corporate bonds are institutional investors such as life insurance companies and pension funds. Bonds with a call provision pay higher yields than comparable noncallable bonds. O Most secondary market transactions for corporate bonds take place through dealers in the over-the-counter (OTC) market
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