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6. The lower is the discount rate a. higher is the YTM b. lower is the YTM c. higher is a bonds value d. both
6. The lower is the discount rate
| a. | higher is the YTM | |
| b. | lower is the YTM | |
| c. | higher is a bonds value | |
| d. | both a and c |
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
