When a bond sells at a premium,it means that
A) The contract rate is above the market rate
B) The contract rate is equal to the market rate
C) The contract rate is below the market rate
D) The bond is secured by corporation assets
E) The bond is always callable
Correct Answer:
Verified
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A)The
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A)Can be exchanged for a fixed
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Q118: The contract rate is also called the
A)Coupon
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A)Exercising a
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