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In 500 words, comment on the following two statements: In valuing a bond, it makes no difference in terms of the age of the security.
In 500 words, comment on the following two statements:
"In valuing a bond, it makes no difference in terms of the age of the security. All that matters is the length of the expiry period."
"Possessing a callable bond is always a positive information because you enjoy capital gains from the bond retirement at par."
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