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English, 25.03.2020 00:24 jessicavasquez081

An investor purchases a company’s bond from two years ago with a lower coupon rate than this year’s bond. Why would the investor want to buy a lower-interest bond in the secondary market?
opportunity to negotiate a lower par value to offset the lower interest rate opportunity to negotiate a higher par value to increase the yield
opportunity to negotiate a higher yield from the other investor
opportunity to negotiate a longer maturity

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An investor purchases a company’s bond from two years ago with a lower coupon rate than this year’s...
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