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Larry wants to see whether he can influence his students' test scores.When he gives his students their English test,he says "Tall students tend to perform worse than short students on this test." Indeed,the tall students do get lower scores on the test.These results provide support for the existence of
Call Provision
A feature on a bond allowing the issuer to redeem the bond before its maturity date.
Premium Bond
A bond sold at a price higher than its face value, typically because it offers interest rates higher than the current market rates.
Discount Bond
A bond sold for less than its face value, where the difference between the purchase price and the face value represents the investor's return.
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