3. Bond Yields (LO1, CFA3) When are yield to maturity and current yield on a bond equal?...

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3. Bond Yields (LO1, CFA3) When are yield to maturity and current yield on a bond equal?

a. When market interest rates begin to level off

b. If the bond sells at a price in excess of its par value

c. When the expected holding period is greater than one year

d. If the coupon and market interest rate are equal

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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