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Consider a zero-coupon bond with 5 years remaining until it matures. The yield to maturity on the bond is 6%. If the yield to maturity
Consider a zero-coupon bond with 5 years remaining until it matures. The yield to maturity on the bond is 6%. If the yield to maturity on the bond remains at 6% until the bond matures, how will the price of the bond change as time goes by? The price will rise over time. It is impossible to predict how the price will change over time. The price will remain the same over time. The price will fall over time
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