Question: True or False Wells Fargo previously issued a note that carries a coupon of 3.00% (payable semi-annual) due in three years priced to yield 2.21%.

True or False

Wells Fargo previously issued a note that carries a coupon of 3.00% (payable semi-annual) due in three years priced to yield 2.21%. The note is trading in the money market not the capital market.

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