Question: Question 3 5 pts True or False: If a bond has a 1 5 % stated interest rate and the market interest rate is 1

 Question 3 5 pts True or False: If a bond has

Question 3
5 pts
True or False: If a bond has a 15% stated interest rate and the market interest rate is 12% it will be sold at a premium.
True
False
a 15% stated interest rate and the market interest rate is 12%

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