The current market interest rate on a bond is the
A) rate of interest the issuer agrees to pay the lender on a semi- annual basis.
B) rate of interest the issuer agrees to pay to the lender on an annual basis.
C) rate of interest the lender agrees to pay the issuer on an annual basis.
D) rate of interest everyone else receives on bonds of a similar nature.
Correct Answer:
Verified
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