Relative to a fully amortized bond, the coupon payments of an otherwise similar partially amortized bond are:

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Relative to a fully amortized bond, the coupon payments of an otherwise similar partially amortized bond are:

A. Lower or equal.

B. Equal.

C. Higher or equal.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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