Question: Over time its value will - Select - increasedecreaseflattenCorrect 6 of Item 1 approaching its maturity value at maturity. A - Select - pardiscountpremiumCorrect 7

Over time its value will -Select-increasedecreaseflattenCorrect 6 of Item 1 approaching its maturity value at maturity. A -Select-pardiscountpremiumCorrect 7 of Item 1 bond is one that sells above its par value. This situation occurs whenever the going rate of interest is below the coupon rate. Over time its value will -Select-increasedecreaseflattenCorrect 8 of Item 1 approaching its maturity value at maturity.

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