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The interest rate on which cash payments to bondholders are based is the market rate
The interest rate on which cash payments to bondholders are based is the
-
- market rate.
- discount rate.
- stated rate.
- amortization rate.
Expert Solution
Answer:
c .
Step-by-Step explanation
Option C is the correct answer.
The interest rate on which the cash payments to bondholders are based on is the stated interest rate .
The stated interest rate can be less than , equal to or greater than the market interest rate .
On the basis of stated interest rate the cash payments to bondholders are made on the date of maturity.
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