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A bonds value will be below its maturity value of $1,000 if it pays interest of $100 per year and investors require a rate of
A bonds value will be below its maturity value of $1,000 if it pays interest of $100 per year and investors require a rate of return of, all other things being equal:
| less than 10% | ||
| exactly 10% | ||
| higher than 10% | ||
| either less than or greater than 10% |
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
