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    Accounting Principles Study Set 4
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    Exam 11: Understanding Interest, Annuities, and Bond Valuation
  5. Question
    When the Market Rate Is Equal to the Contractual Rate
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When the Market Rate Is Equal to the Contractual Rate

Question 88

Question 88

True/False

When the market rate is equal to the contractual rate, the bond will be sold at its face value.

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