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Which one of the following statements is correct? An Income Bond will have lower coupon than a typical bond, all else equal. Subordinated debenture will
Which one of the following statements is correct?
An Income Bond will have lower coupon than a typical bond, all else equal.
Subordinated debenture will have lower coupon than senior debt, all else equal.
A callable bond will have higher coupon than a noncallable bond, all else equal.
A bond with a sinking fund will have higher coupon than one without, all else equal.
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