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An investor's return on the bond is most likely not equal to the yield to maturity on the bond. Which of the following is not

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An investor's return on the bond is most likely not equal to the yield to maturity on the bond. Which of the following is not the factor that causes such a discrepancy? a. The probability of default on the bond. b. The future interest rate on the bond. c. The coupon size on the bond. d. The callable feature on the bond. Which of the following has the highest reinvestment rate risk (else being the same)? a. Bond A with 10-year maturity and 10% coupon. b. Bond B with 5-year maturity and 5% coupon c. Bond C with 5-year maturity and 10% coupon. d. Bond D with 10-year maturity and 5% coupon Which of the following has the highest price risk (else being the same)? a. A 10-year maturity bond with 0% coupon. b. A 5-year maturity bond with 10% coupon. c. A 5-year maturity bond with 8% coupon. d. A 10-year maturity bond with 8% coupon. Which of the following statements is correct for the constant dividend growth model? a. The dividend yield is always greater than the capital gains yield. b. The dividend yield is always less than the capital gains yield. c. The dividend yield is always equal to the capital gains yield. d. The dividend growth rate is always equal to the capital gains yield

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