Identify whether each of the following factors implies a lower or higher price for a bond. a.
Question:
a. Low marketability of the security.
b. Short term to maturity.
c. Low credit rating of the issuer.
d. No call provision.
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Factor Bond yield Bond Price Low ma...View the full answer
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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