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Which of the following statements is NOT true about the highest price an investor in callable bonds can pay and still be certain of making
Which of the following statements is NOT true about the highest price an investor in callable bonds can pay and still be certain of making a specified minimum yield rate? Possible Answers A It should be based on the worst possible redemption date to the investor B It is determined as the lowest price for all of the possible redemption dates When sold at a premium, early redemption date is worst to the investor D When sold at a discount, late redemption date is worst to the investor E The earliest redemption date should be assumed
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