Generally, a mutual mistake does not allow either party to rescind the contract
Indicate whether the statement is true or false
FALSE
Business
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Which of the following statements is true?
A) A bond that has a rating of AA is considered to be a junk bond. B) A bond will sell at a premium if the prevailing required rate of return is less than the bond's coupon rate. C) A zero coupon is a bond that is secured by a lien on real property. D) The legal document that describes all of the terms and conditions of a bond issue is called a debenture agreement.
Business
Bonds that sell at a discount have a coupon rate lower than the market interest rate
Indicate whether this statement is true or false.
Business