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    Financial Institutions Instruments and Markets
  4. Exam
    Exam 12: Government Debt, monetary Policy and the Payments System
  5. Question
    When Bonds Are Traded in Either the Primary or Secondary
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When Bonds Are Traded in Either the Primary or Secondary

Question 25

Question 25

Multiple Choice

When bonds are traded in either the primary or secondary markets in Australia,they are quoted in terms of their:


A) current yield.
B) current price.
C) redemption yield.
D) annual interest, divided by the face value.

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