As time to maturity draws near a bond value approaches-13868
As time to maturity draws near, a bond's value approaches:
This multiple choice question (MCQ) is related to the book/course vu mgt201 Financial Management. It can also be found in vu mgt201 Final Term - Quiz No.6.
As time to maturity draws near, a bond's value approaches:
zero
par
the coupon payment
none of the above