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pompa pompa
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7 years ago
When the required return is constant and equal to the coupon rate, the price of a bond as it approaches its maturity date will ________.
A) remain at par
B) increase
C) decrease
D) change depending on whether it is a discount or premium bond
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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7 years ago
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pompa Author
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7 years ago
You make an excellent tutor!
mcraver1
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Yesterday
Good timing, thanks!
GeorgeNeist
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2 hours ago
Smart ... Thanks!
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