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Business, 27.08.2019 20:20 melly6317

If an investor purchases a bond when its current yield is higher than the coupon rate, then the bond's price will be expected to: a) increase over time, reaching par value at maturityb) exceed the face value at maturityc) be less than the face value at maturityd) decline over time, reaching par value at maturity

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If an investor purchases a bond when its current yield is higher than the coupon rate, then the bond...
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