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All of the following statements are true, except: The market value of a bond is...

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Accounting

All of the following statements are true, except: The market value of a bond is a function of the prevailing market rate of interest. Companies are granted the power to issue bonds by the federal government. The coupon interest rate and the contractual interest rate are the same for a bond. None of these answers are correct. A bond indenture is a bond contract.

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