How does a bonds stated rate differ from its yield rate? Which one is used to calculate
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The yield rate is the market interest rate demanded by creditors It often diffe...View the full answer
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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