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Business, 26.11.2019 18:31 Fahaddie

Which statement describes the market interest rate?

a) it is the contractual interest rate used to determine the amount of cash interest paid by the borrower.

b) it is the rate stated on the bond certificate that determines the value at which bonds will sell.

c) it is listed in the bond indenture.

d) it is the rate investors demand for loaning funds.

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Which statement describes the market interest rate?

a) it is the contractual interest...
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