ond interest rates may differ from market interest rates because:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Bond interest rates may differ from market interest rates because:
Select one:
a. It is difficult to calculate the par value of a bond
b. There is a time lag between printing and issuing bonds
c. It is illegal to issue bonds at par
d. The market rate of interest cannot be determined until several months after a bond is issued
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