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  3. Study Set
    Principles of Managerial Finance
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    Exam 6: Interest Rates and Bond Valuation
  5. Question
    As a Bond Approaches Maturity, the Price of the Bond
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As a Bond Approaches Maturity, the Price of the Bond

Question 63

Question 63

True/False

As a bond approaches maturity, the price of the bond will approach its par value until, the bond is worth its face value at maturity.

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