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Accountıng Iı Deneme Sınavı Sorusu #979252
Accountıng Iı Deneme Sınavı Sorusu #979252
A security is sold at premium when the interest rate it offers is ______.
|
under the market interest rate |
|
equal to that of the market |
|
higher than the market return |
|
is fixed until the maturity |
|
fluctuates often |
Yanıt Açıklaması:
A security that offers an interest rate, which is higher than the market return, is sold at premium; whereas lower-than-market interest rate requires a discounted price for the security to be sold. The correct answer is C.
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