Which of the following statements is FALSE?
Which of the following statements is FALSE?
Question 7 options:
The
“clean price” of a bond is always less than or equal to the “dirty price”.
A “Sinking Fund Provision” requires the firm to repay the entire issue at one time.
A cap on the interest rate for floaters is an example of an embedded option in a bond.
In a margin buying arrangement part of the purchase money is borrowed by the buyer from the broker.
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