=+618 If the required return on a bond differs from its coupon rate, describe the behavior of

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=+6–18 If the required return on a bond differs from its coupon rate, describe the behavior of the bond price over time as the bond moves toward maturity.

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Principles Of Managerial Finance

ISBN: 9781292261515

15th Global Edition

Authors: Chad J. Zutter, Scott Smart

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