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The Following Exhibit Is for Kmart Bonds

Question 126

Multiple Choice

The following exhibit is for Kmart bonds. The following exhibit is for Kmart bonds.   The contractual interest rate of the K mart bonds is A) greater than the market interest rate. B) less than the market interest rate. C) equal to the market interest rate. D) not determinable. The contractual interest rate of the K mart bonds is


A) greater than the market interest rate.
B) less than the market interest rate.
C) equal to the market interest rate.
D) not determinable.

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