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mantparn mantparn
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7 years ago
When the required return is different from the coupon interest rate and is constant until maturity, the value of the bond will approach its par value as it nears maturity.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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donnabandonnaban
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7 years ago
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mantparn Author
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7 years ago
Thanks for the assistance, I've marked your post as best answer
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