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    Financial Accounting
  4. Exam
    Exam 9: Current Liabilities and Long-Term Debt
  5. Question
    If the Market Rate of Interest Is Higher Than the Stated
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If the Market Rate of Interest Is Higher Than the Stated

Question 79

Question 79

True/False

If the market rate of interest is higher than the stated rate of interest, then investors will be willing to pay more and the bond is sold at a premium.

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