What risk does an investor in a default-free bond face if he or she plans to sell

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What risk does an investor in a default-free bond face if he or she plans to sell the bond prior to maturity?

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Corporate Finance

ISBN: 9780132992473

3rd Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Mar 07, 2024 01:01 AM

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What risk does an investor in a default-free bond face if he or she plans to sell

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Even though the bond itself is considered defaultfree meaning the issuer is guaranteed to repay the principal at maturity an investor selling the bond ...View the full answer

Corporate Finance

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