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If a bond sells at a discount and market rates are expected to stay the same until maturity, the price of the bond will: Question
If a bond sells at a discount and market rates are expected to stay the same until maturity, the price of the bond will: Question 7 options:
increase over time, approaching the par value at maturity
increase over time, approaching the par value minus the final interest payment at maturity
remain constant until maturity
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