kaylee86641 kaylee86641

17-04-2024
Business

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A discount bond that pays interest semiannually will:
I. have a lower price than an equivalent annual payment bond
II. have a higher EAR than an equivalent annual payment bond
III. sell for less than its conversion value
A. I and II only
B. I and III only
C. II and III only
D. I, II and III

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