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23.Consider a bond selling at a discount with 10 years remaining until maturity. As time elapses, holding interest rates constant (and all other variables constant),
23.Consider a bond selling at a discount with 10 years remaining until maturity. As time elapses, holding interest rates constant (and all other variables constant), the price of the bond will _____.
Select one:
a. decrease
b. remain the same
c. increase
d. fluctuate randomly
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