MCQOPTIONS
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| 1. |
An investor would buy a bond if |
| A. | the intrinsic value is lower than the market value |
| B. | the intrinsic value is higher than the market value. |
| C. | the current market value is lower than the redemption value |
| D. | the required rate of return is equal to coupon rate of interest |
| Answer» C. the current market value is lower than the redemption value | |