When valuing a bond, the characteristics of the bond that remain fixed are all of the followingEXCEPT the

Name: When valuing a bond, the characteristics of the bond that remain fixed are all of the followingEXCEPT the
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The price of a bond can fluctuate based on market conditions, so it is not a fixed characteristic. The interest payment, face value, and coupon rate are all predetermined at the time of issuance and remain fixed throughout the life of the bond.

When Valuing a Bond, the Characteristics of the Bond That