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A 5-year zero-coupon bond must have a price that is _________________ a 10-year zero-coupon bond. A. higher than B. lower than C. equal to
A 5-year zero-coupon bond must have a price that is _________________ a 10-year zero-coupon bond.
A. higher than
B. lower than
C. equal to
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
