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A friend of yours claims that current yield is the most effective measure of yields. do you agree? why? ror a given maturity and a

A friend of yours claims that current yield is the most effective measure of yields. do you agree? why?

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ror a given maturity and a given vield to maturity, higher coupon rates wil make the bond's total dollar return more dependent on the reinvestment of the coupon payments a. True b False 14. Amortizing securities have greater reinvestment risk than non-amortizing securities True b. False 15. The total return measure is useful because it allows investors to estimate which bond will perform better over a planned investment horizon. True b. False Section II- Briefly answer the questions below (5 points each) 1. A friend of yours claims that current yield is the most effective measure of yields. Do you urret weld agree? Why

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