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Regarding to the relationship between bond maturity and bond value, whats of the following statements is not correct. At maturity, the value of any bond
Regarding to the relationship between bond maturity and bond value, whats of the following statements is not correct.
At maturity, the value of any bond must equal its par value | ||
The value of a premium bond would decrease to its par value. | ||
The value of a discount bond would increase to its par value. | ||
A par-value bond stays at $1,000 even if the market interest rate changes. |
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