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Which of the Following Statements Is (Are)true

question 70

Multiple Choice

Which of the following statements is (are) true?
(I.The date on which a callable bond is redeemed/called is determined by the buyer of the bond.
(II.If the yield rate on a bond,i,is equal to the bond rate,r,then the price of the bond,P is always equal to the redemption value,C
(III) The full price and quoted price of a bond are exactly equal only on a coupon date


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