Question
Bond X and Bond Y have the same maturity, coupon rate and face value. However, Bond Y is a callable bond. Bond Ys price will
Bond X and Bond Y have the same maturity, coupon rate and face value. However, Bond Y is a callable bond. Bond Ys price will be ________ bond Xs price.
Group of answer choices
lower than
the same as
higher than
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Finance Basics 20 Minute Manager
Authors: Harvard Business Review
1st Edition
1625270852, 978-1625270856
