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What will happen to a premium bond as the time to maturity decreases (Assume that you will hold it until maturity)? You will be willing

  1. What will happen to a premium bond as the time to maturity decreases (Assume that you will hold it until maturity)?

    1. You will be willing to sell it at a higher price

    2. You will be willing to sell it at a lower price

    3. Yield to maturity increases

    4. Yield to maturity decreases

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