Author Question: When the required return is constant but different from the coupon rate, the price of a bond as it ... (Read 124 times)

tiara099 · **on:** Jul 10, 2018

When the required return is constant but different from the coupon rate, the price of a bond as it approaches its maturity date will ________.

A) remain constant
B) increase
C) decrease
D) approach par

Question 2

Stocks are bought and sold in ________ markets.

A) equity
B) debt
C) derivatives
D) foreign exchange