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A) How does the present value of a principal repayment effect the price of the bond as the bond matures? B) Use a 30 year
- A) How does the present value of a principal repayment effect the price of the bond as the bond matures? B) Use a 30 year bond with a 5% coupon that matures today as the example.
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
