Regardless of What Interest Rates Do in the Future,the Bond's

question 10

True/False

Regardless of what interest rates do in the future,the bond's price will approach the par value of the bond as it nears its maturity date.

---

Definitions:

Consumer To Consumer (C2C)

An online marketplace where consumers can buy and sell goods and services to each other, typically facilitated by a third-party platform.

Business To Consumer (B2C)

The process of selling products or services directly from businesses to the end-users or consumers.

Instant Messenger (IM)

A communication tool that allows real-time text transmission over the internet between two or more people.

Really Simple Syndication (RSS)

An XML–based format that allows frequent updates of content on the Web.