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Suppose you invest in a Aaa-rated bond that is priced as a premium bond. You intend to hold this bond to maturity. If you do,
Suppose you invest in a Aaa-rated bond that is priced as a premium bond. You intend to hold this bond to maturity. If you do, you will realize a capital loss. So, why would anyone consider investing in a premium bond & holding it to maturity? Briefly explain.
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