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    Exam 8: The Risk Structure of Interest Rates: Defaults, Prepayments, Taxes, and Other Rate-Determining Factors
  5. Question
    Callable Securities Usually Sell at Lower Prices and Higher Interest
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Callable Securities Usually Sell at Lower Prices and Higher Interest

Question 36

Question 36

True/False

Callable securities usually sell at lower prices and higher interest rates than non-callable securities.

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