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    Exam 6: The Structure of Interest Rates
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    Bond a Is Not Putable; Bond B Is Putable
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Bond a Is Not Putable; Bond B Is Putable

Question 69

Question 69

Multiple Choice

Bond A is not putable; bond B is putable. Investors will require a lower yield on bond __ and will pay ____ for the bond.


A) A; less
B) A; more
C) B; less
D) B; more

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