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    Financial Institutions and Markets
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    Exam 6: Financial Concepts and Interest Rates
  5. Question
    If a Security's Coupon Rate Is Less Than the Prevailing
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If a Security's Coupon Rate Is Less Than the Prevailing

Question 12

Question 12

True/False

If a security's coupon rate is less than the prevailing market rate of interest it will sell at a premium above its par value.

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