Question: 1. Comment on the following statement: In valuing a bond, it makes no difference in terms of the age of the security. All that matters

1. Comment on the following statement: In valuing a bond, it makes no difference in terms of the age of the security. All that matters is the length of the expiry period.

2. Comment on the following statement: Possessing a callable bond is always a positive information because you enjoy capital gains from the bond retirement at par.

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