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  3. a bond traded % means that a) the bond pays % in

A bond traded % means that a) The bond pays % interest ...

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Question

Accounting

A bond traded image % means that

a) The bond pays image % interest

b) The bond trades at 97.5% of per value

c) The market rate of interest is below the contract rate of interest for the bond

d) The bonds can be retired at $975 each

e) The bond's interest rate is image %

Transcribed image text

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