Question: All else held constant, as a bond selling at par value approaches its maturity date its price: a. Remains the same. b. Increases. c. Decreases.

  1. All else held constant, as a bond selling at par value approaches its maturity date its price:

    a.

    Remains the same.

    b.

    Increases.

    c.

    Decreases.

    d.

    Can either increase or decrease.

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