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    Exam 11: Bond and Fixed-Income Fundamentals
  5. Question
    Changes in the Market Rate of Interest Are Reflected in the Semiannual
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Changes in the Market Rate of Interest Are Reflected in the Semiannual

Question 9

Question 9

True/False

Changes in the market rate of interest are reflected in the semiannual interest payments of a variable rate note, while the price remains stable.

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