b. If a bonds coupon rate is lower than its yield to maturity, then the bonds price
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b. If a bond’s coupon rate is lower than its yield to maturity, then the bond’s price will increase over its remaining maturity.
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Related Book For
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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