To estimate the market value of a publicly traded bond that has a broa
To estimate the market value of a publicly traded bond that has a broad market with frequent trading, it is usually best to multiply the number of bonds outstanding by the bond par value.
Indicate whether the statement is true or false.
ANSWER
Answer: FALSE
Explanation: To estimate the market value of a publicly traded bond that has a broad market with frequent trading, it is usually best to multiply the number of bonds outstanding by the bond market price.
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