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    Business
  3. Study Set
    Intermediate Accounting Reporting and Analysis Study Set 1
  4. Exam
    Exam 14: Financing Liabilities: Bonds and Long-Term Notes Payable
  5. Question
    The Nominal Rate Is Greater Than the Yield Rate When
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The Nominal Rate Is Greater Than the Yield Rate When

Question 15

Question 15

True/False

The nominal rate is greater than the yield rate when bonds are issued at a premium.

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