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7 Choose the false statement with regard to the relationship between bond price and bond maturity O a. The price of a bond will equal
7
Choose the false statement with regard to the relationship between bond price and bond maturity O a. The price of a bond will equal to its par value at its maturity. O b. The price of a premium bond could increase as time to maturity approaches. O c. The price of a discount bond could decrease as time to maturity approaches. O d. A decreasing price indicates a recession of the economy. Unsure Step by Step Solution
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