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16 Which of the following statements is CORRECT? ed out of question Select one a The value of a bond is DIRECTLY related to changes

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16 Which of the following statements is CORRECT? ed out of question Select one a The value of a bond is DIRECTLY related to changes in the investors present required rate of return. b. The value of a bond is the present value of both the future coupon payments and the price of the bond O c The yield-to-maturity is GREATER than the coupon rate for a bond selling ABOVE the face value. Od. The promised yield is the discount rate that equates the present value of the interest and principal payments with the current market price of the bond

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