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    Understanding Business
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    Exam 19: Using Securities Markets for Financing and Investing Opportunities
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    If an Investor Owns a Bond That Pays a Higher
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If an Investor Owns a Bond That Pays a Higher

Question 383

Question 383

True/False

If an investor owns a bond that pays a higher rate of interest than other bonds of similar risk, the investor should be able to sell the bond on the secondary market for more than its face value.

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