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While bonds have a stated contractual interest rate (or coupon rate), notes can have one of two types of interest rate. These two types of
While bonds have a stated contractual interest rate (or coupon rate), notes can have one of two types of interest rate. These two types of interest rate are:
a. Short or long-term interest rates
b. Fixed or variable interest rates
c. None of the available choices
d. Stated or effective interest rate
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The detailed answer for the above question is provided below b Fixed or variable inter...
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Fundamentals Of Electric Circuits
Authors: Matthew Sadiku, Charles Alexander
3rd Edition
978-0073301150, 0073301159
