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Chapter 14 Discussion Your business associate mentions that she is considering investing in corporate bonds currently selling at a premium

Accounting

Chapter 14 Discussion

Your business associate mentions that she is considering investing in corporate bonds currently selling at a premium. She says that since the bonds are selling at a premium, they are highly valued and her investment will yield more than the going rate of return for the risk involved. Do you agree or disagree with your associate's interpretation of premium bonds.

 

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