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Securities Industry Essentials Exam (SIE)

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Uniform Securities State Law Examination

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Securities Industry Essentials Exam (SIE) Questions and Answers

Questions 1

Assuming yields are held constant, which of the following statements describes what will occur as a discount bond reaches maturity?

Options:

A.  

Its price increases.

B.  

Its price decreases.

C.  

Its par value increases.

D.  

Its par value decreases.