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Mr. Delwar purchased a 10-year bond a year ago. He expected an annual return of 5.25% on it. Last month, he had an unexpected need

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Mr. Delwar purchased a 10-year bond a year ago. He expected an annual return of 5.25% on it. Last month, he had an unexpected need for money and had to cash in his bond. He received a low price for it. This scenario describes risk. default O liquidity market term

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