Question: Question 5 When the required return is constant and equal to the coupon rate, the price of a bond as it approaches its maturity date

Question 5
When the required return is constant and equal to the coupon rate, the price of a bond as it
approaches its maturity date will
increase
remain at par
decrease
change depending on whether it is a discount or premium bond
 Question 5 When the required return is constant and equal to

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