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papahomer papahomer
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7 years ago
Which of the following statements about bonds is true?
A) The market value of a bond moves in the opposite direction of market interest rates.
B) As the maturity date of a bond approaches, the market value of a bond will become more volatile.
C) Long-term bonds are less risky than short-term bonds.
D) If market interest rates are higher than a bond's coupon interest rate, then the bond will sell above its par value.
E) None of the above.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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7 years ago
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